Irrigation Installations Service - 12255
Business Type: agricultural supplies,landscaping & yard services,other business services,professional services,repair services,misc. service/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $215,000 | Down Payment | $130,000 |
| Gross Revenues | $338,100 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $116,328 | Number of FT Employees | Register Free to View |
Financing
$130,000 Down and $85K over 4 years @ 8%.
Business Description
Looking for a business where you can work outdoors, earn a 6 figure income, and have 4 months off per year? This is the business for you. Fantastic Irrigation Installation and Service Company. For nearly a decade this business has provided superior service to its 1027 active accounts throughout Suffolk County. Fully Licensed and Insured, they provide installation, service and repair to residential and commercial accounts (90% Residential & 10% Commercial). All Equipment and Vehicles are included in the sale price. A full equipment list will be provided to qualified buyers. In 2008, this company performed 90 new installations, generating approx. $189,940.00 in Gross Sales. The balance of Gross Sales came from Winterizations ($29,160.00) and Spring Turn-Ons and Repairs ($125,000.00). After all expenses the seller had a Net Income of approx. $116,000.00. That's not bad for only 8 months of work. The seller will offer full training to any buyer. We are looking for a serious buyer who is not afraid to get his/her hands dirty. We are looking for a hands on owner/operator who has access to at least $130K in liquid capital for a downpayment, plus closing costs and working capital (Be prepared to show Proof of Funds). The season is fast approaching. Call Mel Vaz today for an appointment!
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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