Growing Irrigation Install w/900 Repeat Clients

Des Moines, IA

Asking Price: Annual Revenue:
$840,000 $828,101

Services: Landscaping & Lawn Care

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RE: Growing Irrigation Install w/900 Repeat Clients Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $840,000 12.5% Buyer Down Payment: $105,000 12.5% Seller Financing: $105,000 75% Bank Loan: $630,000 A 12.5% down payment of $105,000 returns $117,685 in the first year after debt payments!

Quick Facts

Asking Price: $840,000
Annual Revenue: $828,101
Net Profit: Not Disclosed
Cash Flow: $240,524
Total Debt: Not Disclosed
FF&E: $271,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 8
BBN Listing #: 18434398
Broker Reference #: TRA005

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Business Overview:

Residential service with 29% profit margin! Because of the high margin, a down payment of $105K will return $117K in the first year after debt payments! Offering sprinkler system installation, start-up, maintenance, backflow testing, and winterization, lawn-watering systems are the focus of this business. All assets needed to continue the business are included, coming out to $271K! Residential clients account for two-thirds of services while commercial clients about one-third. Commercial customers include property managers, owners, and builders.

The team of eight is an efficient and well-trained asset. With two irrigation technicians focused on installations, about 20% of total revenue is a result of their efforts. The owners currently focus on business management as well as accounting and sales. They have also worked to diversify services to balance the warm-weather peaks. Winter operations include snow removal via plowing or snow blowing. These services keep customers engaged and in-touch with this company, helping to retain business year-over-year.

Though managing over 900 active clients, additional growth could be found in advertising. The owners have seen great results with AdWords and know that there is a tremendous about of potential business in the area as a result. Other opportunities include expanding winter services offerings as well as warm-weather lawn services such as fertilization or aeration.

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Property Features and Assets:

3,000 sq. ft.: Office and storage

Market Competition and Expansion:

Include maintenance contracts, add lawn services such as aeration and fertilization, add holiday lighting/snow removal and advertise

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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