Profitable 45 Year Old Landscaping Business Wit RE

Business Overview:

Now is the time! The busy season for landscaping companies start in the Spring. It's the perfect time to benefit from increased revenues and growth opportunities, immediately setting up your new business for success.

Murphy Business is excited to present the opportunity to own this profitable, recession proof landscaping service company with excellent service history. Operational highlights include:

1. Over $200,000 in Owner Benefit / Cash Flow
2. More than 200 active customers
3. Repeat customers
4. Low overhead costs

Established in 1977, this landscaping business is a high-end residential and commercial business serving the Houston Metropolitan area. The business provides full service landscape maintenance and design, seasonal planting, flower beds, pruning and clean-up, and other non-gardening services. The business has an excellent reputation and loyal customer base, some who have been with the business since inception.

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Property Features and Assets:

The business includes a 1,353 square feet facility on 21,175 square feet of land valued at $400,000. The location includes office space, warehouse, and plenty of yard space to store equipment, mulch, dirt, and other materials. The yard is secured by fencing surrounding the entire property. Assets = $496,455

Market Competition and Expansion:

The Landscaping Services industry has a low level of market share concentration, with the top four largest operators expected to account for 5.0% of industry revenue in 2022. The industry is characterized by a large number of small operators. According to the latest Economic Census, 94.0% of establishments employ fewer than 20 workers. Several companies have the resources to operate on a national scale and are typically integrated with landscape architecture departments, which enables them to bid for lucrative design-build-installation projects for commercial clients such as hotels and resorts. 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 a substantial portion of revenue. Over the past five years, many of the large landscaping companies have grown primarily through acquisition. By acquiring other companies, landscape companies can increase the number of services that they offer and move into new markets. Despite these acquisitions, the industry's low barriers to entry have continued to permit smaller operators to enter. Consequently, the percentage of operators that are non-employers has generally increased over the past decade. The industry's large number of non-employers causes establishment and enterprise figures to move fairly in step with one another. Demand for landscaping services is generally affected by the number homes and commercial properties with green spaces, along with changes in per capita disposable income. Over the five-year period, demand in residential construction markets have been on the rise, dips notwithstanding, effectively increasing the pool of potential clients for industry participants. Increasing per capita disposable income has further supported revenue growth as consumers chose to outsource landscaping services rather than doing it themselves and as homeowners choose to increase spending on home improvements. Demand for landscaping services has increased overall with revenue rising as much as 10.9% in 2018, while rising at a more moderate 2.2% in 2020 a result of COVID-19 (coronavirus) disruptions. IBISWorld projects that the industry will continue to grow over the next five years, thus keeping revenue volatility moderate. There are many neighborhoods and areas for expansion that the business does not service.

Reason for Selling:

Owners now looking to enjoy retirement.

Additional Details:

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