Profitable Commercial Mulch Install Company

Not Disclosed, FL

Asking Price: Annual Revenue:
Not Disclosed $6,370,715

Services: Landscaping & Lawn Care

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RE: Profitable Commercial Mulch Install Company Broker: Frank Frisaura

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $6,370,715
Net Profit: Not Disclosed
Cash Flow: $1,401,548
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 35
BBN Listing #: 611729987
Broker Reference #: 14631396

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Business Overview:

This $6.37M company has been installing and delivering natural mulch, colored mulch, and pine bark to customers throughout Central Florida via a pneumatic blower truck delivery system. The company’s growth over the last three years has allowed for a CAGR on revenue of 7.52% and on Adjusted EBITDA of 10.66% due to operational improvements that the owner has put into place to handle the demand for services.

Revenue for the 1st QTR of 2020 ($1,451,470) is up 12% and the Unadjusted Net Income ($79,622) is up 42% over the same time period in 2019 (Revenue $1,295,557 and Unadjusted Net Income $55,583). The company continued to perform well in April 2020 and bookings in May are strong.

The company’s services are required twice yearly in order to keep properties looking fresh and manicured. The company has a 90% customer retention rate due to its competitive pricing, customer service, quality workmanship and flexible scheduling. Clients include resorts, hotels and motels, large residential communities with HOAs, property management companies, industrial parks, parks and playgrounds, senior facilities and more.

The company sources its proprietary mulch from 10 different companies. The equipment and vehicles are maintained on a regular basis, thereby reducing the out-of-service hours.

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Property Features and Assets:

Two locations, both leased.

Market Competition and Expansion:

Competition:Due to the high demand for services in the area served, the company does have some competition. Growth & Expansion:The owner has identified a clear-cut expansion strategy that will expand the geographic footprint of the company throughout Florida and beyond.

Reason for Selling:

Seller is moving to the West Coast.

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.

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