MergerPlace

Residential Landscape & Lawncare

Massachusetts (Bristol)


  • Asking Price: $1,700,000
  • Gross Income: $1,123,535
  • Cash Flow: $364,682
  • Real Estate: $850,000
  • Inventory: Not Disclosed
  • FF&E: $298,115
  • Listing ID: #203697
  • Established: 1988
  • Employees: 10 FT

Business Description

This outstanding landscaping and lawn care company has built a stellar customer base over the past 30 years, amassing a solid $1M+ in annual revenues, the majority of which recurs annually. Offering far more than the average provider, this company is well known for its high-end residential services, including award-winning lawn care and landscape design. With over 600 customers who demand the best care, the company boasts better than $5,000 in annual average billings per account. Ownership couldn't be more proud of its heritage and history of winning awards from standard bearers like Angie's List as well as its affiliations with groups like the Massachusetts Association of Lawn Care Professionals and Planet Professional Landscape Network.


Business Details

Primary Business Category: Services - Waste Management & Remediation
Location: Massachusetts
County: Bristol

Company Information

Year Established: 1988
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 10 FT

Financial Information

Asking Price: $1,700,000
Gross Revenue: $1,123,535
Cash Flow: $364,682
FF&E: $298,115
Real Estate: $850,000
Seller Financing Available: Yes

Property Information

Facilities:

The 2,400 square foot building sits on nearly an acre-and-a-half of prime Real Estate which is included in the offering price and sits central to the customer base. Stretching over a 20-miles radius from the operation's epicenter, the company's crews blanket a fair chunk of Bristol and Norfolk Counties, from Foxboro to Mansfield, from Sharon to Easton, from Norton to Wrentham and into Walpole, Norfolk and North Attleborough. These streets - and this customer base - are populated by beautiful homes valued in the half-million to million dollar range.

Growth & expansion opportunities:

This is the ideal acquisition for a current landscape and lawn care operation looking to grow in - or within - this company's territory. A landscaper looking to bolt on sticky, recurring revenue and a willing team of licensed, experienced crews need look no further than this business. As difficult as it is to build loyalty in both customer and employee bases, acquiring both in this particular deal should not be overlooked.

Competition:

As is standard in any territory regarding landscapers, some are outstanding and others not so much. In this case, there are several well-regarded competitors of a similar size and scope, but overall services tend to be provided by one-man bands or operators who subvert accepted legal practices and shortcut necessities like proper insurance coverage. This company does business the right way by staffing up appropriately with W2 crew members that never undercut maintenance like many start-ups (and future failed entities) will.

Reason for selling:

After a terrific three decade run, the sellers have other entrepreneurial interests to pursue.

Support & Training:

Will train for 4 weeks @ no cost. On the current team, one has his lawn treatment applicator's license, two others are certified and a third is applying this coming January. No other licenses are required. The managers prep and supervise crew routes, design projects and interact with current and prospective accounts. Anyone can run a "man and a van" business; these folks are true professionals with well-earned reputations for delivering top-of-the-line services, including fertilization, bug control and tree care for homeowners with a discerning "just make the exterior look great" perspective.

Contact Business Seller

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Business Listed By:

Chris Bond

Murphy Business Brokers