MergerPlace

Landscaping Company

Texas


  • Asking Price: $2,300,000
  • Gross Income: $1,775,758
  • Cash Flow: $538,819
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $508,477
  • Listing ID: #204624
  • Established: 1987
  • Employees: 10 FT/ 8 PT

Business Description

Originally founded over 30 years ago as a mow-and-blow business, this company has grown into a statewide operation primarily specializing in commercial landscaping, lawn maintenance, irrigation repair and mulch installation for both homeowners as well as establishments both locally owned and nationally renowned. Nearly 70% of its clientele resides within the region it is based, DFW. However, the company has acquired significant accounts in other Texas markets including Houston, Austin and San Antonio. Key elements contributing to this company's tremendous success and growth are premium client care, stellar reputation and happy employees to deliver the finest results. The average length of employment for the full-time staff is 20 years which is an incredible feat in itself.


Business Details

Primary Business Category: Services - Other Services
Location: Texas

Company Information

Year Established: 1987
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 10 FT/ 8 PT

Financial Information

Asking Price: $2,300,000
Gross Revenue: $1,775,758
Cash Flow: $538,819
FF&E: $508,477
Seller Financing Available: Yes

Property Information

Facilities:

The business headquarters could easily be relocated but the employees currently report to a 3,000 square foot storage facility M-F where the equipment is efficiently stored. It is centrally located in the DFW Metroplex for convenient in-and-out access to major highways enabling workers to timely service their loyal customers. The low-rent lease is renewed annually with nominal increases each year.

Growth & expansion opportunities:

There is unlimited growth potential since the business has already expanded to other markets in Texas. Continued state wide growth is attainable if a marketing plan is executed properly. The business has the ability for growth in both commercial and residential landscaping.

Competition:

There is abundant competition in this industry especially in a large market like the DFW Metroplex but after 30 years in business, this company is not threatened of losing business to competitors. Excellent service coupled with competitive pricing have contributed to steady growth and longevity.

Reason for selling:

Retirement and pursuing other opportunities.

Support & Training:

Will train for 4 weeks @ no cost. The new owner should have basic management skills to manage the staff, bookkeeping skills to track sales, invoicing and payroll as well as the ability to provide competitive bids to prospective customers. Given an individual with reasonable skills and minimal direct knowledge of this business, it would likely take 3 months to learn to manage this business.

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Business Listed By:

Mike Garza

Murphy Business Brokers