REDUCED TO MOVE: Hampton Roads Landscaping Company

Not Disclosed, VA

Asking Price: Annual Revenue:
$85,000 $1,917,501

Services: Landscaping & Lawn Care

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RE: REDUCED TO MOVE: Hampton Roads Landscaping Company Broker: Hal Feder

Quick Facts

Asking Price: $85,000
Annual Revenue: $1,917,501
Net Profit: Not Disclosed
Cash Flow: $328,244
Total Debt: Not Disclosed
FF&E: $485,425
Real Estate: Not Disclosed
Year Established: 2011
Employees: 25
BBN Listing #: 51324955
Broker Reference #: 2008-15493

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Business Overview:

Established in 2008, this company set out to change “the landscape” of the lawn and landscape industry and began the work of transforming client’s properties into beautiful and manicured grounds. The company began small in the local area but quickly became a Regional premier commercial landscape service company, successfully partnering with local and state governments agencies and commercial property owners and managers across a wider geographic area.
This professionally managed business offers a wide spectrum of customized services – from commercial landscape maintenance, landscape enhancements such as retaining walls and water features, paver and hardscaping design, LED lighting design/installation, arbor care and snow services. There is no job around your commercial property too small and no job around your home landscape design too large.

The operating results are clear evidence that the success formula is working … with media accolades, industry recognition, loyal employees, satisfied clients and profit margins that are significantly higher than industry average.

Special Financing Available -- This business has been pre-qualified by a lender for special financing -- including working capital funding. A term sheet highlighting the loan details is included in the business prospectus which will be forwarded after receipt of a signed non-disclosure agreement.

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Property Features and Assets:

The business operates in a standalone leased facility that is well located to all major Regional traffic routes. Although the large customer base is somewhat geographically diverse, the location is strategically situated and affords good drive time access to clients. The facility is 2,190 square feet and is situated on 1.45 acres. The facility includes an outside patio/brick paver display, customer conference room, office space, and equipment storage. The 5-year lease features graduated payments starting at $3,800/month with triple net lease terms. The lease has annual increases of $100/month .... the 2nd year is $3,900/month, 3rd year is $4,000, 4th year is $4,100 and final year is $4,200 until year. The lease expires at the end of 2024 but renewal options are available. Assets=$485,428

Market Competition and Expansion:

The lawn and landscape market is flooded by a host of competitors ranging from students cutting lawns to several men in a single truck/trailer to the high-volume national companies who sweep through an entire lawn in 10 minutes. This business model is very different from those and therefore they attract a different type of customer base. Typically, commercial customer’s jobs are large in scope and managed by commercial property owners – shopping centers, banks, restaurants, big box retailers. Residential clients are very focused on their outdoor living spaces and desire to have unique, eye catching and beautiful features. These clients have disposable income and like spending it to make their homes exterior more attractive and inviting. The competitive density for serving these types of large commercial customer (for maintenance) and residential customers (for landscaping installs) is more narrow and specialized in number and affords the business more attractive margins than typical landscaping companies. Geographic expansion targets have been identified as well as product line growth. Company management believes the business model is capable of developing into a major Regional player leveraging a combination of both organic and acquisition based growth plans. A ten-fold increase in annual revenues over the business plan period is attainable and the owner will work with the new buyer(s) to transfer market intel and strategic initiatives already in place.

Reason for Selling:

Owner has relocated out of state.

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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