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Commercial Landscaping with Long Term Contracts

Southeast
  • Asking Price$3,550,000
  • Revenue$3,850,000
  • Cash flow$925,000
  • EBITDA$810,000
  • Inventory$65,000*
  • FF&E$355,000
  • Real EstateLeased
  • Established1998
*Not included in asking price
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Contact the Broker

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Jeffery Baxter
919-263-2550

Business Description

UNDER CONTRACT: Highly Profitable Commercial Landscaping
This commercial landscape maintenance company has grown to become one of the most respected names in the region. Customers include an enviable list of some of the most well-known office centers, hospitals, hotels and condominium developments in the area. A diversified customer base is in place with no single customer accounting for more than 7% of revenues. Maintenance work affords the owner an opportunity to operate on a more consistent schedule, avoiding many of the scheduling issues associated with installation and new construction. The company’s commitment to quality and customer service is most evident in customer retention... many have been with the company over 10 years. Several valuable maintenance contracts are in place, with some up to several years in length, providing on-going, predictable revenues.

The business has been pre-screened for a loan package that includes $150,000 in working capital. Seller will train and is willing to consider financing a portion of the sale for a qualified buyer.

Employees

33

Inventory

Not included in asking price

Furniture, Fixtures, & Equipment (FF&E)

Included in asking price

Facilities

Leased office warehouse on 2 acres with fenced-in lot. Building includes a conference room, several individual offices and a 6,500 square foot warehouse space.

Competition

Although the owner accepts some installation work for a select group of developers and builders, the business has focused on stable, recurring revenue sources in order to avoid the cyclical nature and lower margins of new construction.

Support & Training

Included in the sales price.

Reason for Selling

Owner is retiring after many years in business.

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Understand Buyer Financing

Almost all buyers will use some type of financing when they purchase a business. If you plan to finance, then you need to know your options. Informed buyers have time to prepare for the buying process, while those who wait wind up slowing down the deal. Don’t wait.
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