60 Year Old Tree Service Company
Asking Price: | $175,000 |
Gross Revenue: | $70,000 |
FF&E: | $80,000 |
Established Year: | 1962 |
Cash Flow: | $42,000 |
Inventory: | $100,000 |
Real Estate: | $150,000 |
You don’t stay in business this long unless you are doing something right! This is a second generation family business and the current owner is almost 75 years old. He bought the business from his dad, and he is now ready to retire. However, he will stay around and train a new owner as long as needed.
They are a full service tree servicing company, but they focus most of their business on the tree/shrub spraying side of the business. That is great for them because tree spraying has a very high profit margin. The other service is tree trimming. Because they have been in business so long they don’t need to advertise, they get repeat business mostly word of mouth.
The business is turn-key and comes with 4 employees. They are open Mid-April to Mid-October and have already done over 300 jobs this year. A new owner who wants to grow their business could easily start doing snow plowing in the winter and of course just advertising.