Seller's Contact Information
- RE: Thriving Lawn Maintenance & Landscaping
- Contact: Mike Metzger
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $1,038,513 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $219,169 | |
Total Debt: | Not Disclosed | |
FF&E: | 187,795 | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 16 | |
BBN Listing #: | 11024955 | |
Broker Reference #: | 2006-17619 |
Business Overview:
For over 25 years, this locally-owned lawn maintenance company has helped to beautify Central Virginia. Multiple revenues streams including lawn maintenance, landscaping, pesticides, snow removal, and hardscaping, provide for over $1MM in gross sales each year and 20% net margins. This turn-key business sports a healthy mix of loyal residential and commercial customers, most of whom are billed on a monthly basis. Almost 30% of the business comes from long-term contracts with local municipalities providing a nice basis of reliable, recurring revenue.
This company employees 14 full time workers and 2 part time staff year-round. Typically 4-5 crews on the road, even during the winter months. In-house mechanic services all equipment in order to keep costs down and availability up.
This is an amazing opportunity for an energetic entrepreneur to step into a profitable, turn-key business, or for an existing lawn maintenance company to expand into an affluent community that is bulging with commercial and residential growth!
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Market Competition and Expansion:
Perfectly suited 5,400 square feet facility in a commercial strip includes 3 office spaces, 2 storage bays, and a maintenance bay, as well as secure outdoor parking for vehicles/trailers. Currently leased month-to-month, but landlord amenable to longer lease. Conveniently located right off a major interstate. The sellers own a separate lot not currently used in the operation of the business, but available separately for purchase if desired. Assets = $187,795
Reason for Selling:
Owners ready to down-shift into retirement.
Additional Details:
- The property is Leased.
- 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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