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Lexington County, South Carolina
Asking Price
$995,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Barry Johns
Name
Barry Johns
Year Established:
1984
Employees:
9
FE&E:
$86,000
Reason for sale:
Retirement
Lease Options:
$5,000
Listing Number:
66448-825455
Sales:
$2,834,793
Seller's Discretionary Earnings:
$156,667
Inventory:
$350,000
Posting ID:
ID tw:85908 / Listing Number 66448-825455
Business Category:
Agricultural, Animals/Pets
Keywords:
Transworld
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This Mowing and Discing Company is a Northern California Sole Proprietorship and has been in operation for the past 9 years under the current founding ownership. This business is essentially a grassland fire prevention company specializing in providing a defensible space within grassland areas by means of fire breaks for protection with crosshatching techniques using discs and plows as well as deck mowers and flail mowers. The main season for this business is March through July, as this business is significantly citation-driven due to fire hazards. This business also does work with Cal Fire for fire breaks and such and has some larger contracts with companies to maintain their properties. Many of their agreements are verbal in nature. No special licensing is needed, only a business license. The Seller is selective on what counties they service to avoid counties with several rocks that can damage discs and mowers, and he also does not do weed eating as a main service (which could be an opportunity growth area for the new owner). As an example, a standard job could be providing fire breaks for people with property, or for individuals with unlimited acreage, performing cross-hatching and herbicide/weed spraying and mowing. They do have some larger contracts with corporations such as Sacramento River Cats, Kings Basketball Corporation, etc. This business has the potential for guaranteed unlimited income due to fines and citations imposed by the city and counties due to the need to have weed abatement services completed by imposed deadlines. This business has a D&B score of 87, and they are on the approved vendor list for West Sacramento and Metro Fire. This business comes with some serious equipment, which includes 6 tractors, 2 discs, 1 plow, 3 deck mowers, 2 flail mowers, 25-foot 3-axle utility trailer, 2004 Chevy Silverado, 1986 International Transport Truck, water tote, 50-gallon herbicide sprayer, 13-foot utility trailer with side for brush removal, rake attachment for clearing leaves and debris, 3 box scrapers for clearing and leveling ground. There is also an assortment of welders, plasma cutters, compressors, battery chargers, jumper boxes, etc. There is also a forklift attachment, jackhammer attachment and land plane all for the Bobcat. Financial Information Asking Price: $325,000 Minimum Down Payment: $325,000 Annual Gross Revenue: $100,000 Discretionary Earnings: $40,000 Adjusted EBITDA: $40,000 Business Location City: Northern California State: California Reason for Sale: The Seller is selling to pursue other interests. Detailed information Year Established: 2018 Monthly Rent: $500 Square Footage: 200 Number of Full-Time Employees: 0 Number of Part Time Employees: 1 Number of Independent Contractors: 0 Owner Hours Worked Per Week: 30 Is Real Estate Available? No Is Real Estate Included? No FF&E Included? Yes FF&E Value: $250,000 Inventory Included? No Inventory Value: N/A Lender Prequalified? No SBA Prequalified? No Seller Financing Available? No Financing: Seller financing is not available at this time. Training/Support Description The Seller is willing to provide training at 20 hours per week for 2 weeks for the new Owner. Additional training can be made available on mutually agreed-upon terms between the Buyer and the Seller. Market Outlook/Competition The specialized disc reach mower and disc conditioner segments are expanding globally at a compound annual growth rate (CAGR) of roughly 8% to 8.8%, led heavily by North American agricultural and roadside clearing demands. Commercial properties and municipal green-space projects capture over 58% of overall market demand, requiring heavy-duty discing and mowing for acreage management.

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