2004 Rand RdRapid City, SD 57702

For Sale
$449,900
Profitable Turnkey Landscaping Operation

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional business opportunity presents a thriving landscaping and curbing company located at 2004 Rand Rd, Rapid City, SD 57702. Priced at $449,900, this sole proprietorship offers a compelling 15.78% cap rate with a projected Net Operating Income (NOI) of $71,000 in 2024. The business boasts a strong foundation built on numerous recurring commercial landscaping contracts, ensuring a consistent revenue stream. All equipment and inventory, valued at over $250,000, are included in the sale, providing a complete turnkey operation ready for immediate takeover. The current owner is willing to provide training to ensure a smooth transition for the new owner. This presents a significant advantage, minimizing the learning curve and maximizing the potential for continued success. Financial details and contracts will be shared upon execution of a Non-Disclosure Agreement (NDA) and verification of sufficient funds for purchase. The business demonstrates significant growth potential, making it an attractive investment for an owner-user seeking a profitable and established enterprise in the Rapid City market. The projected NOI is based on current contracts signed early in the landscaping season and is expected to increase as the year progresses. This is a rare opportunity to acquire a well-established, profitable business with significant assets and a strong client base.

Highlights

  • All equipment included in the sale price.
  • Multiple long-term commercial leases in place.
  • Significant upside potential for revenue growth.

Property Details for 2004 Rand Rd

Property type
Commercial real estate
Units
1

Location Insight

City
Rapid City
County
Pennington
State
South Dakota
Latitude
44.1041225
Longitude
-103.2640693
2004 Rand Rd, Rapid City, South Dakota

FAQs

What type of property is this?
Commercial real estate - Profitable Turnkey Landscaping Operation
Where is the commercial real estate located?
The property is located at 2004 Rand Rd Rapid City, SD.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: All equipment included in the sale price.; Multiple long-term commercial leases in place.; Significant upside potential for revenue growth.
How can I contact the broker?
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2004 Rand Rd
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