Kissimmee, FL - Business priced to sell!

Discussion in 'Marketplace' started by RICHARD FURNO, Aug 10, 2018.

  1. RICHARD FURNO

    RICHARD FURNO LawnSite Member
    Messages: 1

    BUSINESS PRICED TO SELL!

    Lawn Business for Sale Orlando, Florida

    In business about 5 years, currently have residential accounts and 1 commercial account. 6700 per month, over 80,000+ per year in just accounts not including side jobs and landscape design. I work with property management companies as well as they add work as needed. Income is verifiable. Looking to sell equipment and accounts. All equipment has been well maintained and serviced.
    Accounts are mostly in Lake Nona and St. Cloud area.
    Will go over all accounts with new owner and explain the routes used. Serious buyers only. Photos of equipment available.
    Selling everything for $ 50,000- SERIOUS INQUIRES ONLY. MUST SELL
    1. Purchased 2015- Tandem axle triple crown 6 x14 utility trailer with closed cage on top with diamond plated tool box and with weed eater & blower rack.
    2. Hustler Super Z 60' Zero turn Hyperdrive
    3. Ex mark 36' Hydro Walk Behind - with brand new engine
    4. Stihl Edger (FC 90)
    5. Stihl Weed Eater (FS 130R)
    6. 1 Stihl Blower (BR 600)
    7. Stihl Hedge clippers (HS 81 T)
    8. Stihl Backpack sprayer (SG 20)
     
  2. TPendagast

    TPendagast LawnSite Fanatic
    Male
    Messages: 13,861

    Ok no one jump on me here
    $80,000 a year gross revenue sounds crazy super low.
    Is that “average” for Florida?

    With taking two weeks off for vacation $80k is only $1600 a week in revenue.
    That’s 40 hours a week, working solo for $40 an hour.

    Sorry but that’s not worth more than the used equipment on Craigslist.
     
    Mdirrigation and knox gsl like this.
  3. Michael J. Donovan

    Michael J. Donovan Head Moderator, Online Communities Staff Member
    Messages: 4,208

    He is trying to sell so if not interested then no need to post in the thread...
     
    oqueoque and zlandman like this.
  4. TPendagast

    TPendagast LawnSite Fanatic
    Male
    Messages: 13,861

    Actually I had legit questions with years of industry knowledge behind the questions

    Is this average?
    I’d like to buy a business in Florida
    But not lose money to but overpriced equipment

    I’ve studied Florida for years
    Intending to move there twice

    One time I had all my own equipment
    Several crews worth and looked into moving there are restarting

    Both times I couldn’t seem to make the numbers work out positively

    The OPs numbers do not work out,
    Is that “normal” for Florida?
     
  5. Michael J. Donovan

    Michael J. Donovan Head Moderator, Online Communities Staff Member
    Messages: 4,208

    Your comment of it's not worth the equipment on CL is a shot at the OP and what he has listed...so again, if you're not interested in his business for sale then don't post in the thread, end of discussion
     
    oqueoque, zlandman and dieselss like this.
  6. Mitty87

    Mitty87 LawnSite Silver Member
    Messages: 2,255

    I do think it is important for a solo company for sale to disclose an honest hourly rate for his route.

    Maybe not directly in the ad but it would save everyone the hassle if it was made public.

    I inquired about a mowing business in my area a few years ago who had gone to 60 clients I believe in 3 years, grossing $1000 a week. He had a decent 10 year old truck, trailer and total equipment probably worth $11-13,000.

    He wanted $30k for clients and everything. I found out he makes his $1000 on a 30-35 hour work week which basically means every account was useless.

    You would need to double everyone's rate to make it worthwhile meaning you would likely end up with zero customers and a $20k loss, or buying a job making minimum wage for 30k if you didn't consider this.
     
  7. jlbf0786

    jlbf0786 LawnSite Senior Member
    Male, from Charlotte, NC
    Messages: 647


    The OP said $80k/yr not including other work (outside of contracts) we get more off side work than accounts. Maintenance pays the Bill's in my opinion.. its different for everyone, but verified 80/yr asking $50k (not too crazy)
     
  8. Mitty87

    Mitty87 LawnSite Silver Member
    Messages: 2,255

    Even if there is zero profit after owners salary?
     
  9. TPendagast

    TPendagast LawnSite Fanatic
    Male
    Messages: 13,861

    Welll everything is relative
    What does owner need to live on in that area, realistically?

    If 80k covers living and operations
    Then the additional work is the gravy (in theory)
    But you can’t place value on theoretical work
    There’s nothing tangible to sell
     
  10. Michael J. Donovan

    Michael J. Donovan Head Moderator, Online Communities Staff Member
    Messages: 4,208

    again, if not interested then don't post...it is up to the buyer to do their due diligence, ask questions and do their homework, not for you guys to give your opinions on what's it's worth, etc., etc.
     

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