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Quick Facts
Asking Price: | $1,364,000 | |
Annual Revenue: | $1,313,085 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $373,841 | |
Total Debt: | Not Disclosed | |
FF&E: | $755,400 | |
Real Estate: | Not Disclosed | |
Year Established: | 1983 | |
Employees: | 12 | |
BBN Listing #: | 110928552 | |
Broker Reference #: | MI101321 |
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Business Overview:
Excellent opportunity to enter into a thriving landscaping business by acquiring an existing turnkey operation poised for significant growth. This well-established business has been serving their clients for close to 40 years and prides itself on providing excellent quality service insuring referrals and repeat business. Specializing in complete landscaping solution including lawn maintenance, landscaping and snow removal. Year-around operations cater to both, residential and commercial clientele.
Company comes fully equipped and staffed with experienced employees and full-time salesperson. The seller/owner is currently involved on the day-to-day basis and responsible for overseeing operations, customer support, and equipment maintenance. The company’s fixed assets include extensive list of well-maintained equipment as well as beautifully designed & fully comprehensive website. 2021 3 QTR sales are over $1.1 mil with SDE $481,000.
This opportunity is ideal purchase for another landscape company looking to increase market share or expand into other markets. This would also be ideal for someone familiar with the industry who is looking to run their own operation.
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Property Features and Assets:
The service is operating out of seller owned building. Shop area is 3,600 square feet with additional 1,000 square feet office space and yard space as well as separate area to store salt. The lease is available at $ 2,500 per month NNN
Market Competition and Expansion:
Marketing: The business currently does not utilize a formal marketing program and always enjoyed healthy stream of clients via referrals and word of mouth. Additionally, Google Adwords are implemented as part of on-going marketing strategy. Referred clients generally come ready to hire due to company’s stellar reputation. Competition: Proven track record, capabilities, and superb reputation in the industry coupled with excellent customer service gives this company advantage over its competition. Due to healthy client flow, the company is able to stick to healthy margins and enjoys the ability to pick clients to work with. The owner is pulling back due to increasing desire to retire, however, he feels there is significant room for expansion for a buyer with fresh energy. Adding services such as sprinkler repair & maintenance, adding Christmas lighting and interior plant scaping could also be additional revenue producers.
Reason for Selling:
The owner is retiring.
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