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View Full Version : Selling Accounts & Equipment-- Fertilizer Application Business-- $320,000)Minneapolis


hobbsd
06-08-2009, 02:36 PM
My wife and I have decided to sell our lawn fertilizing / treatment business so that we can take a different direction in life.

Minneapolis and W. Wisconsin Market


Quick stats-


$335,000 in gross 2009 scheduled services


$100,000-$150,000 net revenue planned this year


Very well branded and advertised business


In the past few years we have grown 30-100% yearly.


Started business in 2004


Employees: One office, three (two full time on part time) applicators.


Four trucks, one estimating car.


Business currently has around $70,000 in hard assets.


By different evaluations, This is still a very good buy. Especially since there isn't too many business that are growing rapidly through this economy.


I am looking to sell this year, and would be happy to meet with you to discuss details and ideas.


Please email me through here to start.


Thanks!



DH

All vehicles have a full (and different) graphics job since this picture was taken.

hobbsd
06-08-2009, 10:02 PM
bump bump

hobbsd
06-10-2009, 08:04 AM
Bump again

RABBITMAN11
06-10-2009, 05:24 PM
Man if you where in Indianapolis I would buy you out in a heart beat

hobbsd
06-10-2009, 07:11 PM
Minneapolis is a nice place to live too :walking::walking:

joevg
06-10-2009, 09:51 PM
what kind of zspray is it? would you sell and equipment separate?

hobbsd
06-10-2009, 10:14 PM
Its a Max, but for now equipment is staying with the business

hobbsd
06-12-2009, 09:03 AM
bump bump

Turfdoctor1
06-27-2009, 12:19 PM
My wife and I have decided to sell our lawn fertilizing / treatment business so that we can take a different direction in life.

Minneapolis and W. Wisconsin Market


Quick stats-


$335,000 in gross 2009 scheduled services


$100,000-$150,000 net revenue planned this year


Very well branded and advertised business


In the past few years we have grown 30-100% yearly.


Started business in 2004


Employees: One office, three (two full time on part time) applicators.


Four trucks, one estimating car.


Business currently has around $70,000 in hard assets.


By different evaluations, This is still a very good buy. Especially since there isn't too many business that are growing rapidly through this economy.


I am looking to sell this year, and would be happy to meet with you to discuss details and ideas.


Please email me through here to start.


Thanks!



DH

All vehicles have a full (and different) graphics job since this picture was taken.

hobbsd,

I have been following these threads since last year, and I think it is awesome that you are following what you feel led to do in selling this business. I wish you all the best of luck.

I'm not in a location to buy the business, but certainly find the idea interesting. I'm just going through the numbers, and, not wanting to question you, but just curious how everything adds up.

Again, no reason you should have to disclose this information to me, because I am not in a position to buy. I'm just curious.

Of the $335K in gross, what % goes to your product? Assuming ~ 20%, that would be $67K to product. I would guess around $120K in labor costs. That gets you down to $148K of revenue before any fuel, advertising, rent, worker's comp, insurance, yadda yadda. I guess, I just don't see how you can make $150K revenue with 4 employees and $335 gross. I plan on making ~$80K revenue next year with 1 employee and $225K gross.

Again, none of my business. Honestly, I just get curious about how everyone else makes money, and want to learn how to better my business based on good business practices of others.

hobbsd
06-28-2009, 10:41 PM
hobbsd,

I have been following these threads since last year, and I think it is awesome that you are following what you feel led to do in selling this business. I wish you all the best of luck.

I'm not in a location to buy the business, but certainly find the idea interesting. I'm just going through the numbers, and, not wanting to question you, but just curious how everything adds up.

Again, no reason you should have to disclose this information to me, because I am not in a position to buy. I'm just curious.

Of the $335K in gross, what % goes to your product? Assuming ~ 20%, that would be $67K to product. I would guess around $120K in labor costs. That gets you down to $148K of revenue before any fuel, advertising, rent, worker's comp, insurance, yadda yadda. I guess, I just don't see how you can make $150K revenue with 4 employees and $335 gross. I plan on making ~$80K revenue next year with 1 employee and $225K gross.

Again, none of my business. Honestly, I just get curious about how everyone else makes money, and want to learn how to better my business based on good business practices of others.

Hey, thanks for the nice post.

I don't know what you pay your one employee, but it much be way higher than mine! IF you cut that labor figure by about 60% then you'd get our labor costs. Your pretty close on your product costs, a little high, but close.

I was told one that any business can make money, the trick to success is if you can not spend the money you make.

Turfdoctor1
06-30-2009, 08:21 AM
Hey, thanks for the nice post.

I don't know what you pay your one employee, but it much be way higher than mine! IF you cut that labor figure by about 60% then you'd get our labor costs. Your pretty close on your product costs, a little high, but close.

I was told one that any business can make money, the trick to success is if you can not spend the money you make.

Thanks hobssd.

You must be super thrifty! I didn't think anyone could spend less money on business than me, but it looks like you do.

again, best of luck to you. i envy your willingness to get out and follow your passion.

hobbsd
07-07-2009, 06:33 PM
Still Available...

hobbsd
07-09-2009, 09:38 PM
bump bump bump

hobbsd
11-17-2009, 03:19 PM
My business is still for sale.

Ended up with about $390,000 in gross this year. $150 K in net.

Let me know if you are interested.:usflag::usflag:

hobbsd
11-19-2009, 11:20 AM
bump............

jimjohn1
11-19-2009, 03:33 PM
How many accounts do you have?

hobbsd
11-19-2009, 04:51 PM
A little over 800.

Thanks!

dodgegrass
11-20-2009, 09:33 AM
How many in Minnesota?

integrityman
11-20-2009, 09:54 AM
pm sent.....

hobbsd
11-25-2009, 01:49 PM
Two years in MN.

Thanks!

hobbsd
11-30-2009, 08:40 PM
and...... another bump!

M & MD Lawn
11-30-2009, 09:10 PM
Man if you where in Indianapolis I would buy you out in a heart beat

i agree with you, i couldnt buy but it would be a great deal, hey whats your company name, i live in indy, nice to see someone else on here thats close

Mimowerman
11-30-2009, 11:38 PM
If you were in SE Michigan I would love the opportunity to buy what looks to be a flourishing profitable fert company. Best of luck in your sale

hobbsd
12-01-2009, 04:08 PM
If you were in SE Michigan I would love the opportunity to buy what looks to be a flourishing profitable fert company. Best of luck in your sale

Thanks! :):)

hobbsd
12-01-2009, 04:19 PM
New Thread: http://www.lawnsite.com/showthread.php?p=3302087#post3302087