Turf Management and Landscaping - Strong Growth

Not Disclosed, GA

Asking Price: Annual Revenue:
$1,258,000 $788,667

Manufacturing: Agricultural Manufacturing

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RE: Turf Management and Landscaping - Strong Growth Broker: Greg Younts
Owner Financing is Available!
$1,198,000 down/$60,000 over 60 months @ 6%

Quick Facts

Asking Price: $1,258,000
Annual Revenue: $788,667
Net Profit: Not Disclosed
Cash Flow: $183,950
Total Debt: Not Disclosed
FF&E: $360,000
Real Estate: $675,000
Year Established: 2002
Employees: 6
BBN Listing #: 95584955
Broker Reference #: 1104-16484

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Business Overview:

The business has been providing turf management services for natural grass athletic fields for Atlanta area schools for over 15 years. Business growth has been achieved strictly through referrals and the client base today includes many of the top schools with some of the top sports teams in the area. The schools have been loyal clients over the years because their athletic fields have been kept in top shape throughout the year. The services provided are not the lowest cost option available in the market, but quality of service is very important to the schools, coaches and athletes that perform and practice on these athletic fields. New clients have often been won when coaches from visiting teams see the fields maintained by the business and want their schools to have the same quality of fields for their teams.

Client contracts are structured such that the business receives a fixed monthly fee from all clients, so revenue does not decline in the winter months. Also, multi-year contacts are in place with several clients. During the slower Winter and Spring months, the owner works a 10-15 hour work week in the Winter and a 30-35 work week in the Spring.

Most of the staff have been with the business for several years, so a new owner would inherit a knowledgeable and well supervised turf management crew.

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Property Features and Assets:

The business owns two buildings on a 1.8 acre lot. One building is a 3,031 square feet warehouse and the other is a 1,167 square feet building currently not being used by the business. The sale price includes both buildings. However, the owner would also agree to lease one or both buildings to the new owner. As the business grows, the second building could probably provide useful office space or serve some other purpose for the new owner. The current owner works from his home office as the warehouse is strictly used for storing and maintaining equipment, and storing of supplies. Assets = $1,043,000.

Market Competition and Expansion:

Competition in the business's market is limited, and the business has lost only one client in seven years. If a new owner pursued other geographic markets and expanded the services offered, they would face other competitors. There are several possibilities for growing the business. The business has served a limited geography of the Atlanta metro area and has focused on providing services for public and private schools. The business has excelled in its target market, and its track record and reputation for delivery of high quality turf management services will be a plus if a new owner should decide to pursue a larger geography and/or offer more services. In addition to pursuing more school clients, the business could pursue providing services for parks and recreation department's athletic fields. Sod installation and other landscaping services could be offered. Maintenance services for synthetic turf could be added as today the business only maintains natural grass fields. Laser-grading of the dirt surfaces for the base paths and pitcher's mound of baseball fields could be offered, as there is a growing demand for this service. And, the business could expand beyond maintaining athletic fields to providing some services for residential and commercial properties.

Reason for Selling:

The owner is starting a new business.

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.

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