The Seller purchased this business from Del Lingco in 1984. He now wants to retire after over 34 years. This business is 99% commercial. However, approximately 80% of sales is from Developers and Home Builders. Approximately 50% of the business is irrigation (sprinklers). Most work is construction related. Very little maintenance (10%) for example, a developer will contract with this company to install the grass, trees, color (flowers) and sprinklers, the job may last from 9 months to 1 year. No sales people and no advertising. All work comes to this company from repeat customers or referrals. The Buyer will get all the assets free and clear including the 6 or 7 trucks & trailers. Currently, the Seller leases the trucks & trailers from his wife at over $47k per year. This liability will be paid off at closing. The Seller states the actual expense is around $25k per year. No adjustment is done because it is not verified. There are 2 separate entities (corporations) operating as one DBA. The Buyer will buy the assets of both entities.
|Listing #:||2396||Asking Price:||$800,000|
|Location:||NW area but can be moved||Down Payment:||$800,000|
|Business Type:||Landscaping||Sales Volume:||$1,546,918|
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