MergerPlace

Olmsted County Tree Service for Sale

Minnesota (Olmsted)


  • Asking Price: $1,500,000
  • Gross Income: $1,167,857
  • Cash Flow: $557,471
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $468,000
  • Listing ID: #221144
  • Established: 2000
  • Employees: 3 FT / 1 PT

Business Description

Full service tree service for sale in Olmsted County. Current owner runs the operation on a day-to-day basis. Revenues are split 85% residential, 15% commercial, with all revenue coming from tree trimming, tree removal and related stump service and mulch sales. The business currently employs 3 full-time service techs that assist the owner in completing jobs. In addition, there is a part-time book-keeper.

Having established a solid reputation in its market, this business has a great track record with clients that keeps them coming back year after year. Situated in a growing community, this business is prepared to earn the next owner a great living, is ready for a roll-up into a larger company, or would be a good consolidation for a local or regional competitor.


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota
County: Olmsted

Company Information

Year Established: 2000
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT / 1 PT

Financial Information

Asking Price: $1,500,000
Gross Revenue: $1,167,857
Cash Flow: $557,471
FF&E: $468,000
Seller Financing Available: Yes

Property Information

Facilities:

Very little is needed in terms of facilities to run this business. A place to park and repair equipment is the main infrastructure needed, along with a space to create and sell mulch.

Growth & expansion opportunities:

Demand for the company's services outweigh the ability for the company to service all requests. Hiring a person that does only estimating could bring in much more business and free up skilled technician time. Hiring additional skilled tree technicians and adding another team of workers could add substantial sales for the company. Additionally, focusing more money on marketing efforts could increase brand recognition in the area, increasing customer loyalty and picking up new customers.

Competition:

This company competes in its local market by fostering a great word-of mouth reputation and offering competitive prices for the services it performs.

Reason for selling:

Owner wishes to retire.

Support & Training:

Will train for 2 weeks @ no cost Current owner is responsible for bidding/estimating, scheduling and major tree work. Licensing is required with certain local government jurisdictions, otherwise no special licenses or certifications are required. Seller is prepared to train the next owner, potentially for an extended period of time. Next owner will also need good project management skills to keep employees and jobs running strong.

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Business Listed By:

Jacob Petersen

Murphy Business Brokers