Business Overview:
Originally founded in 1999, the business has grown to become one of the leading landscaping firms in the Southern New Hampshire and Northern Massachusetts areas. The business did about $100K in gross revenue in their opening year, and they have since grown their yearly gross revenue to more than 20x this initial amount. The business offers a variety of landscaping and hardscaping services and specializes in custom outdoor patios, kitchens and masonry.
The company holds longtime success in the landscaping industry due to their remarkable reputation and high-quality work, both of which combined help to accelerate the growth of the business. In addition, the company offers a more broad range of landscaping services compared to other surrounding firms, including heavy landscape construction and ability to complete higher-end projects with more intricate design builds.
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Property Features and Assets:
The business leases a large storage yard which is used for to conduct business operations. This space includes a garage, small offices, a kitchen, and additional office space for a manager. The business is able to use this space to store equipment and inventory, which is valued at more than $650,000 and is all included in the sale price. In addition, the owner owns a 36-acre lot that could be converted into a facility if desired. He would be willing to sell this lot for an additional $850,000.
Market Competition and Expansion:
There are a few local competitors that a new owner should be wary of within the surrounding New Hampshire area. The two competing firms are smaller than the company overall, and these competitors are still beaten out in Google searches. If a new owner continues to maintain high-quality services and investment in SEO, these local competitors do not pose a significant threat based on their smaller size, scale and lack of a management team.
Although the business offers a range of bespoke hardscaping and landscaping services, there is potential for growth of the business as a whole by offering additional products and services. The company’s current offerings can be easily expanded to include services such as heavy excavation services, snow removal, and selling landscaping supplies like mulch and compost. The business already has the equipment for these services, but has chosen to focus on its core service offerings rather than expand its service mix.
There is also a huge opportunity to revamp the business' presence online and on social media. The current owner has not focused on this area of the business to date and sees social media and improved digital marketing as cost-effective avenues to drive customer growth. The business has a vast portfolio of successful projects that are very marketable on social media.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- 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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