Seller's Contact Information
- RE: Established Absentee Owned Landscape Construction
- Contact: Ken Tallmadge
Quick Facts
Asking Price: | $1,034,000 | |
Annual Revenue: | $1,500,305 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $453,702 | |
Total Debt: | Not Disclosed | |
FF&E: | 288,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 25 | |
BBN Listing #: | 69914955 | |
Broker Reference #: | 1203-17649 |
Business Overview:
Well-established construction landscape / lawn care company offers the following services: landscape design, installation, and renovation, including pavers, curbs, walkways, retaining walls, clearing, water features, fence, irrigation, mowing, pruning, edging, and trimming. Much of the business involves contracts from developers, custom home builders, and plant nurseries, with a small base of regular maintenance work. The Company has well-managed and motivated employees with established crews for the labor and a foreman in place. The owner operates as a semi-absentee operator (working 5 hours a week). The financials shown are for a full-time owner-operator.
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Property Features and Assets:
The business rents parking space at a local plant nursery. The space is for the trucks and equipment. Monthly the cost is $1,200 but this business is easily relocatable. Assets = $301,000
Market Competition and Expansion:
There are several competitors but most of the business is from strong referral base and relationships with home builders, developers, and plant nurseries. Currently, there is no advertising needed for this business to continue to increase its revenue at a rapid rate. Over the next 5 years, the Landscape / Lawn care Services revenue is expected to rise at an annualized rate of 3.0%. The industry is expected to benefit from recovering businesses that were impacted by COVID. The local market continues to see an influx of new homeowners relocating to the coastal region. This brings enormous potential for growth.
Reason for Selling:
Selling the business to pursue other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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