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Businesses For Sale > Business For Sale in Olmsted County, Minnesota (MN)

Olmsted County Outdoor Services Company for Sale for sale in Olmsted County, MN

Olmsted County, Minnesota (MN)

Asking Price: Gross: Cash Flow:
$ 850,000 $ 1,083,206 $ 361,003

Furniture and Fixtures Value:
$ 589,000 (included in the asking price)

Inventory Value:
$ 20,000 (included in the asking price)

Business Summary:
For sale is a full service lawn and snow maintenance company which has been in operation for over 30 years. The business does lawn care, landscaping, rough mowing, and tree services in the summer and snow plowing, salting, and tree trimming in the winter. Lawn care services are comprised of mowing, fertilization and weed control, hardscape maintenance, aeration, and bush trimming. This company also does some concrete work.With staff in place, all assets needed to run the operation included in the price, and owners willing to stay on for a medium-term transition, this business is primed to grow with the aspirations of a new owner.

 

   
Year Business was Established: 1991
   
Number of Employees: 4 FT  
   
Facilities / Terms of Lease: Business run from home with adequate leased facility for the equipment. The business can be moved if desired.  
   
Potential Growth/Expansion: This business is constantly turning away work because the current workforce can't handle more work. Adding more staff could increase sales. Also, the community the business is based in is growing significantly and with the increased population demand for the services provided is increasing.  
   
Competition: Landscaping: After a brief dip, the industry is expected to continue growing over the five years to 2026 as residential and nonresidential construction grow steadily. Favorable economic conditions will benefit the industry, such as rising per capita disposable income that will boost households' ability to purchase industry services. Nonresidential construction activity, which declined overall between 2016 and 2021, is expected to recover and climb steadily, making this market a point of emphasis for growth over the five years 2026. During the period, industry revenue is anticipated to grow at an annualized rate of 2.4% to $129.2 billion. Profitability, which declined to 5.4% in 2020 but recovered in 2021, is expected to following suit. By 2026, average industry profit, measured as earnings before interest and taxes, is expected reach more 9.0% of industry revenue.- IBIS World Snowplowing: Over the five years to 2026, more snowplowing service companies are expected to offer around-the-clock ice-watch services, in which industry operators constantly monitor local temperatures and visit customer sites to clear and deice surfaces. Overall, however, industry revenue is anticipated to decelerate, as the trend of increasingly warm winters is expected to persist amid continued global warming. As a result of these trends, industry revenue is expected to increase at an annualized rate of 1.5% to total $22.0 billion over the next five years.- IBIS World  
   
Owner willing to finance: $680,000 down/$170,000 over 60 mos. @ 6%.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Owners wish to find new ownership for the company.  
   
Seller Reference Number: 5106-16773
BusinessMart.com Listing Number: 277051
 

 

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Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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