MergerPlace

Rochester MN Based Lawn Service

Minnesota (Olmsted)


  • Asking Price: $139,900
  • Gross Income: $305,578
  • Cash Flow: $4,235
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $145,000
  • Listing ID: #211456
  • Established: 1997
  • Employees: 2 FT / 3 PT

Business Description

Lawn Maintenance Company specializing in fertilizer, weed control and pest control. Also does aerating, over seeding, mowing, tree/shrub care, edging and bed care. Priced to sell with an offer price under fair market value of assets. Extenuating circumstances (fully explainable) made 2018 a poor year financially, 2019 earnings should be much closer to 2017 numbers.

Owner works an average of 30 hours per week, full time during the summer providing services and part time during the winter maintaining equipment and conducting hedge/tree services. With over 1,000 customers and a long-standing reputation of providing value for clients, this company is poised to be taken to the next level by the next owner. 2 full time and 3 part time employees are required to operate during the summer.

The company operates in medium and small sized towns throughout Southeast Minnesota. The current owner is willing to stay on for an extended period of time to help with transition of the business and train the next owner.


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota
County: Olmsted

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT / 3 PT

Financial Information

Asking Price: $139,900
Gross Revenue: $305,578
Cash Flow: $4,235
FF&E: $145,000
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Facilities:

Building is leased with approximately 400 sq ft dedicated to office space, 3,100 sq ft shop and outdoor parking for 6 trucks and trailers. Currently the lease is on a month-to-month basis. Landlord is interested in a long-term lease, or a new space could be utilized.

Growth & expansion opportunities:

This company has minimal exposure on the internet and through traditional marketing avenues. Increased internet presence could help bring in people searching for services on the web. Word of mouth is the most effective form of advertising for this industry, and keeping the quality of service high while letting customers know of the want to expand would pay big dividends in terms of customer acquisition.

Competition:

Very few lawn service providers specialize in lawn fertilization and pest control. This company operates in a niche market and enjoys long-term customer loyalty as a result. The company operates in medium and small sized towns throughout Southeast Minnesota. As the income level in the area increases people both young and old are seeking to outsource lawn care services. As a result, there is no shortage of new customers or opportunities in this industry.

Reason for selling:

Medical/Personal.

Support & Training:

Will train for 2 weeks @ $0 cost. A commercial pesticide applicator permit is required for this business' operations. Attention to detail and proper timing of treatments will be required for the next owner. Seller is willing to train new owner in all aspects of the business to ensure a smooth transition. Customers are 80% residential and 20% commercial.

Contact Business Seller

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Business Listed By:

Jacob Petersen

Murphy Business Brokers