Seller's Contact Information
- RE: High-end Landscape Garden Design, Installs & Maint
- Contact: Dr. Nolan Duck, M&A Advisor
- License #: 9002607
Quick Facts
Asking Price: | $388,860 | |
Annual Revenue: | $576,719 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $141,641 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 6 | |
BBN Listing #: | 168042548 | |
Broker Reference #: | LAWN&GRDN |
Business Overview:
A high-end landscape garden design, installation, and maintenance company located in the DFW area. This business has grown consistently over the last ten years serving an affluent customer base in the North Dallas area. A keen attention to detail and service is the key to the success of the company. This business has not needed to advertise since most of its customers come from referrals and many from the NextDoor mobile app, where customers post word-of-mouth recommendations.
The company works with highly knowledgeable crews, a skilled and artistic stone mason, a landscape lighting installer, and an excellent licensed irrigator. A few years ago, they added weekly and monthly maintenance for their customers that generated recurring revenue and resolved the customer’s problem because their newly installed landscapes were not being correctly maintained by standard yard service providers. Their maintenance plan is more detail-oriented than most companies would provide. They do what they call the ‘fine art of gardening’ with hand weeding and pruning, organic fertilizers, and annual plants as necessary. There are no maintenance contracts, yet they have minimal turnover within their customer base.
As Master Gardeners the owners are passionate about the environment and wanted to fill a need for landscaping with water-wise, native, and adapted plants. They have always looked for a balance where native plants add to the richness of the landscape and ecosystem while complementing the architecture and neighborhood of a site.
The owners wish to sell the company and its assets for a total of $388,860. The sales price for the business reflects 2.5 times multiple of the company’s discretionary earnings. The business sales price includes 100% of the company’s assets as well as additional intangible assets in the form of inventory, customer lists, and goodwill. The owners would like to sell the business to a buyer who has experience in the industry. They are willing to stay on after the sale for one month without compensation and longer as consultants with compensation. The company is prequalified for an SBA Loan, and a qualified buyer would be able to purchase the company with as little as a 10% down payment. The sellers are not interested in seller financing.
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Property Features and Assets:
Home-based. Business does have truck, trailer and other equipment.
Market Competition and Expansion:
The Landscaping Services industry has a low market share concentration, with the top four largest operators expected to account for 5.0% of industry revenue in 2021. A large number of small operators characterizes the industry. According to the latest Economic Census, 94.0% of establishments employ fewer than 20 workers. Nevertheless, the sheer volume of small-scale, low-value work conducted by non-employers and small companies in the single-family housing market prevents these larger companies from capturing the market revenue. *IBIS World 56173
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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