Highly Profitable Land Clearing Business

Price: $1,000,000

Location: Santa Cruz County, CA

Industry: Agriculture, Forestry, Fishing and Hunting

Listing ID: C4297

Listing Status: Sold

Description

If you love working outdoors in the fresh air, living in Santa Cruz or the Monterey Bay area, and making a LOT of money from your home-based office, then this might be your dream come true! This well-established and highly profitable land clearing business focuses on environmentally friendly and “safety first” practices, and specializes in vegetation and “fuel” removal, mastication, grading, and excavating. The majority of the work is done in Santa Cruz County, the Monterey Bay area, San Benito and Santa Clara counties. $650,000 of equipment and vehicles are included in the sales price, but may be negotiable. Buyer should have an “A” or C-12 contractor’s license, but a “B” (general building) or D-49 (tree service) contractor’s license may be possible. Seller might possibly consider staying on and allowing the new owner to work under his license but only by mutual approval and agreement, until new owner obtains his/her own license. Business is home based.
Gross sales: $1,154,610. Weighted 3-year average
SDE: $698,119 weighted 3-year average
Price: $1,500,000
Growth: Seller estimates 5-10% annually.
Lease: Storage yard is M2M at $500/month. Lease may transfer to approved new owner. Current rate may not transfer.
SBA pre-approval: Pending

LISTING DETAILS

Total Sales: $1,150,000

Cash Flow: $698,119

FFE: $650,000

LISTING BROKER

Rex Walters, PHD

Rex Walters, PHD