Multi-territory Business Must Sell Quick
Portsmouth, VA
| Asking Price: | $100,000 |
| Rent: | $22,329/Year |
| Established Year: | 2016 |
| Gross Revenue: | $360,000 |
| FF&E: | $100,000 |
Listing ID: 1850846Listing provided by BizBuySell
BUSINESS DESCRIPTION
A resale like this does not come around often! The Sellers are extremely motivated and have dropped the price $100K. Sellers are willing to split the territories if necessary.
Spring Green can provide lawn, mosquito, pest and tree care. The business model provides recurring revenue and has proven to be recession resistant.
DETAILED INFORMATION
Location
Portsmouth, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
31/03/2026
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company has 2,000 sq. ft. of leased space which is available for lease through 3/31/26. The cost of the lease is not inclusive in the sales price and will be negotiated separately.
Competition
Pros: Essential business. Prime Location in Virginia that has been in business more than 7 years. Seasonality provides a phenomenal lifestyle opportunity. Business offers multiple revenue streams and unique services that many mom & pops can't provide. Auto-repeat recurring revenue and referral customers and new customers daily. Cons: Crossing the bridge can be difficult so an option is available to purchase half the territory.
Growth & Expansion
Plenty of growth opportunities through expanded advertising streams and services. The company has expanded into Pest control which will allow for year-round activity and outstanding recurring revenue, in addition to what is already in place. Population continues to grow and provides steady work flow.
Support & Training
Spring Green support representatives work with owners in the field, on the phone, the web and with strategic vendors to facilitate what needs to be done in the local markets to be successful. Startup and Ongoing support is found in the areas of hiring and staff development, technology support, financial support, agronomic support, equipment support and marketing.
Reason for Selling
Owner was promoted in the fire department
Franchise
This business is an established franchise
Report an Issue with this listing
