Lawn Mowing Business For Sale – New Hanover County, North Carolina
Lawn Mowing Business for sale in the New Hanover County, North Carolina region for $209,000! Owner collects $265,406 in gross revenue and nets $69,138 per year! Lawn Route currently services several accounts with multiple yards per account, with 95% of accounts being commercial. A full list of accounts to be provided to serious buyers. There are 6 full-time employees and 4 part-time employees willing to transfer with the business. Two trucks, multiple trailers, and all lawn mowing equipment included with an estimated total value of $63,500. Turnkey and established with a solid customer base. Unlimited growth potential!
Frequently Asked Questions:
$ $209,000Per Month
$ $69,138Per Month
$ NoPer Month
$ InactivePer Month
What are the current average sales and gross income for this route?
Currently this route grosses $265,406 in yearly sales, and after expenses nets $69,138 per year. Income documentation will be provided to all serious buyers.
How do I get paid?
The business revenue is derived from lawn care which includes: mowing, trimming, and edging, and in addition owner offers tree and bush trimming to increase revenue. Owner bills clients on a monthly basis. Payment can be received in cash, check, or credit.
How much can I make?
Lawn mowing businesses have unlimited growth potential. The yearly revenue can be increased by new accounts being established. New accounts can be established in person or by hiring a 3rd party contractor or employee to grow the business.
Can I finance a lawn business?
There is no seller financing for this route, and unfortunately banks will NOT write business loans against route based businesses for several reasons. You can review additional Financing Options Here.
What are my expenses and overhead?
Expenses include, but are not limited to: equipment repair and maintenance, fuel, cost of goods, advertising, contract labor, taxes and licenses, wages, phone, uniforms, and insurance. The current owner estimates $196,268 in operating cost/expenses per year.
What type of insurance do I need?
Typically a single owner operator of a route distributorship will need commercial insurance for their delivery vehicle and business liability insurance. Owners with multiple employees will need a multiple vehicle policy and workers’ compensation. Routes For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
What type of vehicle do I need?
The current owner services this lawn route using a 2006 Ford F-150 (220k miles) and a 2011 GMC 4-door (100K miles) which are included with the sale of the business. Estimated total value of $16,000. Common delivery vehicles used for this type of business are box trucks or trailers. If you are considering purchasing, leasing or financing a vehicle you can review additional information here.
What type of equipment is included with this lawn business?
Equipment list includes: 2 enclosed trailers, open 8 x 18 trailer, 7 x 14 dump trailer, 2 72″ 500 series Toro, 60″ Exmart older, 60″ Exmart radius, 52″ Exmart stand-on, 48″ walk behind, old club cadet 60 walk behind, 5 hedge trimmers, 10 weedeaters, 7 backpack blowers, 3 edgers, 2 pole saws, chainsaw, sprayers, vacuum billy goat, and other miscellaneous equipment. Total estimated value of $47,500.
What is the Gross vs the Net income?
The gross income for the lawn route is $265,406 per year, minus your above mentioned operating expenses of $196,268, gives you net/cash flow of $69,138 per year.
How does the selling price of the route get determined?
To determine a business’s price, a standard formula is to multiply 1.5-2 years of the net/cash flow plus consideration of the business assets. This business is priced to sell!
Why is the owner selling?
The owner is retiring.
Where is the lawn business service area located?
Within the New Hanover County, North Carolina region.
How many customers does the lawn business have?
There are currently several accounts with multiple yards per account. A full list will be provided to serious buyers. New owner may grow the business more if desired.
Does the owner have contracts in place with customers?
This lawn business is operated with contracts. Each contract is for one-year and each current account has been under contract for at least 3 years.
How long has the seller owned the business?
The current owner has owned this business for 20 years.
How many days a week, and what hours does the owner work?
Schedules of 6 full-time and 4 part-time employees will be provided to serious buyers.
What about vacation time or personal days?
As a business owner you are responsible for servicing the route. It is our recommendation that you hire or train someone for additional time needed off. Additionally, you can network and hire relief drivers with previous route experience at RouteReliefDrivers.com. Route Relief Drivers is a nationwide network that allows independent route distributors and vacation relief drivers to connect with each other. Each party negotiates its own terms and compensation.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offers protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Be Your Own Boss with flexible hours! Unlimited growth opportunity! The Lawn mowing business is a service based business which cannot be outsourced. Unlimited growth potential with unlimited territory boundaries. It is no surprise that more people today want to do “their own thing”. Hurry this won’t last long! Priced to sell at $209,000! Contact Us About This Route Here!
Disclaimer: Routes For Sale is a Broker that brings buyers and sellers together. Routes For Sale does not represent, or is not affiliated with the company the distributorship is being offered. All agreements are made between the buyer and seller and not Routes For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on a current 52 week sales average generated by the efforts of the current owner. As with any business you can make more or less.