There are eight significant advantages to buying a proven landscape business:
A business that has been owned and operated for a number of years and has provided the source of income to the family of the owner may reasonably be considered a profitable and viable business.
A minimal amount of working capital is required to continue the business. Sales start the first day you assume ownership of the business.
Trained & experienced employees are a part of your team the day you assume ownership of the business. There is no cost for training which translates to no dissatisfied customers.
You assume an existing customer base that will grow through referrals from satisfied customers.
If applicable, some licenses and permits can be transferred to your name. If not, in most cases the seller will continue to qualify the business for the applicable license (such as Irrigation, Pest Control, etc) until such date you can successfully apply & obtain the license.
The seller will train you in the operation of the business so you benefit from his experience in running the business. You will be introduced to customers and suppliers.
Over 50% of landscape businesses sold include some form of owner financing. The seller who finances your purchase of his business has a vested interest in your success.
Interested in learning more about selling your business?
Call or contact us today!
Landscape Depot Investment’s team of intermediaries offer you the unique insight that comes from their experience representing both buyers and sellers, specifically in the Landscape Industry.
Whether you’re acquiring a lawn care business for $100,000 or a large landscape management company for several million dollars, our intermediaries are highly skilled in the process of acquiring a business, how the business is valued, and in the negotiation process. We will help you understand how the value of a business is derived; help you understand the process of making offers and buying the business; and help you negotiate and close the deal, possibly saving you thousands or tens of thousands of dollars in the process.
Schedule a buyer meeting or conference call with Landscape Depot Investments to discuss what you are looking for.
Evaluate the basic SUMMARY information for each business and determine which business you have the most interest in.
Sign a Confidentiality/Non-Disclosure Agreement (NDA) for the business(es) you are most interested in.
Landscape Depot Investments will then give you detailed information regarding the Business for your review and consideration. Do your preliminary evaluation based on the information provided by the seller to Landscape Depot Investments and to you. Do NOT expect the seller to provide detailed financial information (bank statements, contracts, complete tax returns, etc) at this time.
Meet with the Seller. Landscape Depot Investments will arrange appointments. You may ask general or probing questions on anything and everything about the business, but this is NOT the time to negotiate price and terms.
Make an offer assuming that all of the information you have been provided is correct. Landscape Depot Investments will show you how to write a contingent offer that will protect you and allow you to verify all information.
Negotiate price, terms and conditions. Landscape Depot Investments will mediate all offers and counter-offers until a purchase agreement is reached between the parties.
Complete your Due Diligence. Due Diligence begins when the offer is accepted by the seller. Once a purchase agreement is accepted by both parties, you will make a closer investigation of the business to confirm, to your satisfaction, the validity of your offer. Typically, five (5) business days for small businesses and ten (10) business days for larger businesses of Due Diligence is the norm. This is when the seller will provide all of the detailed information you require. You must NOT communicate with the employees, vendors and clients of the business without specific authorization from the seller.
Have documents prepared for closing. The closing attorney will not represent either party. He drafts all necessary legal documents to comply with the written purchase agreement. You may agree with the seller to share the cost of the closing attorney.
Close the purchase and begin your first day as the owner of your own business. The seller will assist in an orderly transition as agreed in the purchase agreement.
Congratulations! You are part of the American dream – You now own your own business!! Interested in learning more about selling your business?
LANDSCAPE DEPOT INVESTMENTS has the experience to guide you through the process of buying a business or franchise. Please complete and submit the following contact form and one of our friendly, experienced intermediaries will contact you regarding buying a business, buying a franchise, SBA loan requirements, or using your home equity or 401k as a down payment.
Are you selling your business? Please use our sell a business form.