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Asking Price:	$2,400,000 USD USA Dollars
Business for Sale Industry:	Services: Maintenance, Landscaping
Reason for Selling:	retirement
Year Established:	1999
# of Employees:	13
Yearly Revenues:	$3,342,379
Yearly Cash Flow:	$743,129
Yearly EBITDA:	$708,129
Yearly Gross Income:	$1,352,790

Business for Sale Overview:

This company offers landscape contracting and design services, sod and seeding services and lawn installation to the wholesale and retail market place. This company is the result of a merger of two companies with over 20 years in the business. They have an excellent reputation in the industry, loyal customers, a quality product and timely delivery and installation. The seasonality of the business is balanced by a good mix of 3 main markets: home builders, commercial contractors and retail business. The gross profit margin has increased from 35% to 40% in 2007 due to greater efficiencies in running the crews and aggressive pricing that has been accepted by the marketplace. EBITDA growth is 43% over 2006. An employee has been added to bid the commercial jobs because of the overwhelming volume of requests. Another full time crew has been added to handle the increased volume. There is substantial growth opportunity by adding more trucks and drivers. This business has been prequalified by several lenders for SBA financing with several different packages. Working capital of $200,000 is included in the sales price.

Property Features and Assets:

The property is 40,735 sq ft plus improvements. The building is approximately 900 sq ft. There are covered areas for storage and the property is fenced. The land and buildings are available for sale but are not included in the asking price. The price of the property is $400,000. The new owner has the option of leasing the property at market value.

Market Competition and Expansion:

The landscaping services industry is estimated to be in the growth phase of its industry life cycle. Several synergistic businesses could be added at the current location and the business could stay open on the weekends. Adding more trucks and drivers would also be a growth option.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.