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After 34 years in the business, this Passaic County tree service operator is ready to call it quits and let new blood take over. The business has maintained an even keel over the last six years despite the owners pull-back from landscaping, hardscaping,tree spraying, cross-county coverage and simply refusing more jobs than he takes. Back-logged jobs which used to average 6 weeks during the high season now reach a mere 7 to 10 days. But the phone calls and the job requests still come mostly the result of referral and a reputation built on excellence over 34 years by this hands-on owner-operator. And, he is available to stay on although in a diminished capacity. The equipment is expensive and the high costs of entry reduce competition and allow high margins. This company is still the high-priced (and typically successful)bidder among those who compete. The Seller will keep the more expensive equipment that is rarely used today rather than include them in the sale and thereby forcing up the sales price. For example, the heavy crane alone cost $160,000. The expensive equipment can be available to the Buyer on a rental basis If needed but, at the start, the Seller will include in the purchase price just the equipment used to justify his earnings.
The seller will train the new owner.
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