Sold
Sold
Respected Landscaping Business - All Commercial Accounts
$800,000
San Bernardino County, CA
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Gross Revenue
$859,591
Owner's Cash Flow
$276,959
Min Down Payment
$80,000
Employees
7
Business Summary
The business is a commercial landscaping business based in San Bernardino, California that specializes in long-term commercial accounts. The company has been in operation since 1991 and has established itself as a reputable player in the landscaping industry.
Key Highlights
Year established
1991
Real estate
Leased
Reason for selling
After starting and growing the business over the past few decades, the owner is ready to call it a day and move to Florida.
Support and training
The owner is willing to stay on for between 1 and 3 months to help with the transition.
Broker of Record
The broker of record is Jon Nesbitt, CA License #1002237
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $1,254 | $3,078 | $5,783 |
| COGS | $5,383 | $9,858 | $3,579 |
| Gross Income | ($4,129) | ($6,780) | $2,204 |
| Operating Expenses | $494 | $9,017 | $9,580 |
| Operating Incomes | ($4,623) | ($15,797) | ($7,376) |
| Net Other Income (Expenses) | ($1,564) | ($1,293) | ($6,646) |
| Net Income | ($6,187) | ($17,090) | ($14,022) |
| Interest | $6,923 | $2,027 | $654 |
| Depreciation | $3,119 | $3,884 | $4,990 |
| Amortization | $6,707 | $8,520 | $2,987 |
| EBITDA | $10,562 | ($2,659) | ($5,391) |
| Add-backs | $49,586 | $61,211 | $83,920 |
| Owner's Cash Flow | $60,148 | $58,552 | $78,529 |
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Projected Free Cash Flow
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