Business for Sale Overview:
Offered for acquisition is a profitable landscape, lawn maintenance and snow removal company. This established company was founded in 2005 by its two partners and has rapidly grown top line sales by a compounded yearly rate of 45%. Currently 20 persons are employed at the company consisting of 5 lawn and landscape crews, snow crews and an office manager. The owners of the business manage the business and do not mow lawns or push snow.
The business has been written up in both the Detroit Free Press and the Macomb Township Chronicle. In addition, it was featured on a national TV segment in 2008. As a result, it enjoys a strong reputation and is well known in the community.
Lawn maintenance and snow removal provide steady income throughout the year and represent about 33% and 33% of sales, respectively. This portion of the business is virtually recession proof as there is always need for snow removal and lawn maintenance services. The business currently has snow and lawn maintenance contracts in place for 2009 with a value of $298,910. Service is provided to both residential and commercial accounts, further diversifying the revenue base. Many of the snow and lawn contracts are new contracts with a 3 year duration and a clause allowing them to be assigned to the new owner. With existing contracts in place, the person acquiring this business will realize instant cash flow. The landscape division is yet another money maker for the business. Landscape sales in 2008 represented about 33% of total sales or $265,000. Landscaping is very lucrative with gross margins ranging up to 35%. Landscape services are diversified as well and include design, brick pavers, irrigation systems, tree installation and more. Individual jobs can range up to $65,000.
The equipment list is extensive and includes 11 trucks and vans, 5 plows, 4 trailers, 4 mowers and an extensive list of small maintenance equipment. All of the equipment has been well maintained and is in excellent condition. In addition, a 2004 BMW 745 LI that was used for promotional use and image building is also included in the deal.
The business operates out of comfortable and clean leased facilities. The low monthly lease rate is $1,000. It is expected the lease can be transferred to the new owner of the business.
Sellers are willing to stay and train as necessary and negotiated with the buyer. In addition, one of the partners may be willing to stay on as an employee for a period of time to assist in the transition.
This growing business has provided for the needs of its two partners for 3 years but one of the partners is now moving on to new ventures out of state, resulting in this rare opportunity coming to market.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Nice clean offices appropriate to this type of business. Indoor storage for all equipment.
Market Competition and Expansion:
Additional opportunities include buying supplies in bulk to lower material costs. There is also opportunity to expand the business territory to the east and west to Birmingham and Rochester, respectively. Margins could be increased by bringing some services in house that are currently subcontracted out such as landscape lighting, sprinkler systems, fertilization and more.
Reason for Selling:
One partner moving out of state.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.