MergerPlace

Large Grounds Maintenance Business

Minnesota


  • Asking Price: $4,200,000
  • Gross Income: $3,713,614
  • Cash Flow: $671,798
  • Real Estate: $670,000
  • Inventory: Not Disclosed
  • FF&E: $3,027,983
  • Listing ID: #201269
  • Established: 1984
  • Employees: 21 FT/34 PT

Business Description

This well established company is a highly profitable full-service grounds maintenance company - providing residential and commercial landscape maintenance in southern Minnesota. The business offers all aspects of grounds maintenance services including sprinkler systems & lawn irrigation installation and repair, mosquito & tree spraying, all aspects of tree maintenance, outdoor lighting, decorative curbing install, full service landscaping, snow removal services, as well as parking lot and city street sweeping services. This company has a very talented work force with 45-55 full and part time employees. Many of the full time employees have been employed with the company for 10 plus years and are cross trained in several services the company offers. With a long-standing, highly regarded reputation this business is a turnkey operation perfectly positioned for a new owner to take over and be very successful.


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 21 FT/34 PT

Financial Information

Asking Price: $4,200,000
Gross Revenue: $3,713,614
Cash Flow: $671,798
FF&E: $3,027,983
Real Estate: $670,000
Seller Financing Available: Yes

Property Information

Facilities:

Two buildings with a large fenced in gravel lot situated on 2.25 acres. The business also has leased space to store equipment.

Growth & expansion opportunities:

This business is highly successful and profitable. The next owner could work on expanding market share by increasing advertising, refine costs to make the current operations more profitable, or take the systems in place to new markets.

Competition:

The grounds keeping industry is very competitive, but this company maintains a competitive advantage over its competitors. Competitive advantages include attracting and retaining a cross-trained workforce that is up-to-date on current technologies and practices, a long-standing commitment to customer service and high quality work which has established a reputable brand name, all so this company is larger than all of its nearby competitors.

Reason for selling:

Owners wish to retire.

Support & Training:

Will train for 2 weeks @ no cost. The company provides comprehensive grounds maintenance services ranging from landscaping install, to snow removal, to sprinkler maintenance. Employs between 45-55 people throughout the year depending on demand for services. With a long-standing, highly regarded reputation, this company supplies customers with all services needed to keep their lawn or landscape at top condition. Various licenses and certifications are needed to run this business as some products and service lines are regulated by the state. The new owner will need familiarity with grounds maintenance services and have good management skills.

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Business Listed By:

Scott Krook

Murphy Business Brokers