Profitable West Michigan Irrigation Sales & Service

Oceana County, MI

Seller Financing Available
Profitable West Michigan Irrigation Sales & Service
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Asking Price: $149,000

Cash Flow: $70,000

Gross Revenue: $175,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1998

Profitable West Michigan Irrigation Sales & Service

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Business Description

The long time Founder/Owner of Oceana Counties premiere Irrigation Sales and Service Company has decided to pass his business on to only its second owner so he can pursue his retirement plans.

This growing company is located in a popular West Michigan vacation area, and has 350 plus active, loyal customers who trust them to start up their systems up every spring and winterize them every fall. Designing, selling and installation of new irrigation systems are a big part of the $175,000 plus annual revenue.

The company is owned and operated by one mature retirement age man, and he seldom, if ever, needs to hire outside labor to help him perform all the elements of owning this great business.

The business generates over $70,000 of SDE (Seller discretionary earnings) and the Seller works the hours he wants in the 7-month season, and routinely turns down work to accommodate his lifestyle.

The asking price of $149,000, which is a very attractive 2.0 x SDE includes all the very well-maintained equipment needed to continue to service his many happy customers for years to come. A meaningful Seller Note will be available to a qualified potential Buyer. An equipment inventory shall be made available to the serious Buyer.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
0
Reason for Selling:
Retirement
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(from currently available funds)
 
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Michael Greengard

Business Listed By:
Michael Greengard

Praxis Business Brokers

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