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Quick Facts
Asking Price: | $899,000 | |
Annual Revenue: | $599,299 | |
Net Profit: | $48 | |
Cash Flow: | $48,909 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 18 | |
BBN Listing #: | 2613931 | |
Broker Reference #: | EG10796 |
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Business Overview:
Year over Year Q1 sales up 33% and net is up 317% for this 30 year old Landscape Contractor Board licensed design, installation and maintenance business. Organized routed monthly maintenance contracts, crew of 12 FTE and 6 PTE, all equipment, a fleet of vehicles and a long established customer list are included. First quarter is usually the slowest so this business is tracking to gross over $1.6m and probably net close to $330,000 thereby shrinking the SDE multiple considerably.
A perfect bolt on acquisition for a strategic buyer to add market share and workers or for a new graduate in Botany or Horticulture to take over an established brand with expert training. EG10796
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Property Features and Assets:
LCB, BS or MS Botany and Horticulture license The current lease will expire in 2023, a new lease is available, Rent $3,600, 1,700 square feet; Hours Monday thru Friday from 8 am to 5 pm. SBA approved Real Estate available for $750,000 but not included in the purchase price Amounts shown as Annual Revenue and Cash Flow are for 5 month ending May 2023
Reason for Selling:
Retirement
Additional Details:
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