Residential Landscaping Firm in Richmond, Virginia

Not Disclosed, VA
Richmond City County

Centrally Located

Asking Price: Annual Revenue:
$490,000 $750,000

Services: Landscaping & Lawn Care

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RE: Residential Landscaping Firm in Richmond, Virginia Broker: Gavin P Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $490,000
Annual Revenue: $750,000
Net Profit: $200,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 9
BBN Listing #: 393948609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale a residential landscaping firm in the Richmond area. The company provides landscape design, lawn and garden maintenance company services across the Richmond area to high-net worth clients. A Virginia Contractors ‘C’ license is required to run the business.

The company does relatively little advertising preferring to rely heavily on referrals from existing clients. Roughly 90% of business is with repeat customers. The company has a very strong reputation locally. They service the Greater Richmond area but with a focus on high-end neighborhoods.

It is anticipated that the staff will remain with the business after closing.

SBA financing possible for a qualified buyer.

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Property Features and Assets:

Seller owns the property and will lease it to the buyer.

Market Competition and Expansion:

The United States Landscaping market is estimated to grow at an annual growth rate of 4.5%, during the forecast period (2020-2025). The landscaping services industry in the United States is comprised of companies which provide landscape maintenance, lawn care (including chemical application), landscape design and construction, tree-planting, and irrigation services to both residential and commercial properties. It is estimated that in 2019, the industry generated a combined total revenue of just over 99 billion U.S. dollars. Over the last six years the industry has grown, with total revenue increasing from an estimated 69.8 billion U.S. dollars in 2013.

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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