Highly Profitable Service Business For Sale

Business description

This is the perfect business for a seasoned manager with good organization skills seeking a seasonal business in the lakes region of New Hampshire. Live and work in one of the most desirable areas of New England. The firm grosses over $1 million with 60% of revenue generated from repeat customers under annual service agreements. Operating systems and a experienced management team are in place to allow for exceptional growth. The Company was established in 2000 by the current owner to provide professional lawn care services for a discerning group of residential and commercial customers. Since its inception eight years ago, the Company has added landscape design and installation to its services and now offers a full range of lawn and grounds maintenance and landscape services.

Servicing clients in the picturesque Lakes Region of New Hampshire, the Company services an upscale market with significant growth potential. Many customers are part-time seasonal residents, with lifestyles that require the services provided by the Company. The Company is professionally managed and provides its clients with skilled services by a well-trained, clean and courteous workforce.

Since its first year, the business has grown significantly each year and current year revenues are expected to exceed $1,150,000. The Company has produced a professionally designed brochure, and has been very successful marketing its services by direct mail. The Company also receives a significant number of referrals from existing customers and expects the growth can continue.

Property information

Location:

The Company has a small office and storage facility located on a 10-acre tract of land. The owner will lease the property to the buyer at a rate to be negotiated.

Other information

Expansion potential:

Management estimates that the market in the community is currently about $4 million, and is growing at a 5-10% annual rate. Additional growth in revenues could also be derived from expanding into the neighboring communities. The Company currently derives 95% of its revenues from one town. Other ancillary services could easily be added for additional revenue and profits.

Competition / Market:

The Company has an excellent reputation and receives many new customer referrals from existing customers. The Company markets its services through a highly successful direct mail campaign using a professionally designed and printed marketing brochure.

Support & training:

Owner will provide up to 3 months of training and transitional support.

Reasons for selling:

Owner has other interests.

Financing available:

Negotiable.

Furniture / Fixtures value:

$300,000 (included in the asking price)

Inventory / Stock value:

$5,000