Business For Sale

Progressive & Progressive Landscape Design & Cons.

Portland, OR
Multnomah County

Greater Portland Metro

Asking Price: Annual Revenue:
$360,000 $660,000

Services: Landscaping & Lawn Care

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RE: Progressive & Progressive Landscape Design & Cons. Broker: Ladd McGowan
Owner Financing is Available!
Sellers prefer a cash out but will consider financing for a qualified buyer. Bank financing may be available as well.

Quick Facts

Asking Price: $360,000
Annual Revenue: $660,000
Net Profit: $120,000
Cash Flow: $140,000
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 7
BBN Listing #: 500228024
Broker Reference #: 529

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Business Overview:

The Seller started this business in 2009. He has over 13 years of Portland landscape design and installation experinece4, including a degree in Horticulture with an emphasis in Landscape Design from the University of Nebraska. The business has grown every year since its inception and is working presently at full capacity. The success of the business is due to the Seller's focus on helping clients create the outdoor spaces they've always dreamed of and relish the opportunity to design and implement the perfect landscape design for their front yard or back yard. It has been profitable from year one and is growing as the population of the greater Portland, OR area continues to expand. This is a very will run operation. To get the full picture of the kind of business that is represented, send the Broker a request for an NDA and I will be supplied.

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Property Features and Assets:

3,000 square feet. The lease is a sub lease and share a 6,000 square feet facility. The Master Lease holder is an Arborist and there may need to be some new negotiations upon sale.

Market Competition and Expansion:

There is a lot of competition in the Portland area, but with the ongoing and growing population and need for Landscaping, there is more work than the Seller can handle. He often turns business away or referrals it out to another Landscaper. I were to stay in the industry I would take the business in multiple directions. As the business stands now, the residential side is self-sustaining in that projects are coming to us organically due to the years of outstanding reviews and good work. Where the company has yet to even venture is the commercial side, maintenance side and irrigation side. I have focused on residential work because that is where my passion lies, but that is not where the profits lie. The potential for larger profit margins is in commercial work. If the company had several commercial crews or at least 5-6 guys to install the work, the company could quickly double in size. The maintenance work is another easy area where the business could grow. We have a log of clients and enough good reviews that we could start up a maintenance side of the company that would pay the bills. The profit margins are lower, but the work can be consistent through the winter months as things slow down. Maintenance also could be associated with patio cleanups, a small division that could be very profitable. Lastly, the irrigation side could be put together to tie everything together. Irrigation is easy to estimate and has good profit margins. When an irrigation crew was not installing its own projects, it could be working with the other crews to speed up projects. To answer where I would take the business, now that we have set up the residential side of the company, I would expand into one of the other areas. I would first target the commercial work as it could be a good way to create a consistent revenue stream. This would require hiring some office staff to help with estimating and management.

Reason for Selling:

Leaving to take over Family Farm in Mid West.

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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