This well-known Landscape & Lawn Care Services Firm in Central NJ has provided expert grounds maintenance, chemical applications, irrigation and ongoing ancillary services to a regional client base (primarily residential with over 750 annual contracts currently) for over 30 years. The business consists of 20% new landscape and installation projects (including a significant number of repeat customers) with the remaining 80% being contracted recurring lawn maintenance/irrigation/chemical revenues. This well-established company has experienced reliable revenue performance and enjoys significant net operating margins with documented profitability.
The Company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 3.5x SDCF (2018). A full valuation report is included and shows there is $100,000 in Net Working Capital plus another $750,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain more than $465,000 benefit in (after- acquisition-debt) cash flow in the first year or a 72% ROI.
(ALL DATA BASED ON SIGNED TAX RETURNS)
The Company has an 8,000 SF facility on a 1.3-acre parcel (available under separate purchase) providing a strong base of operations, storage capacity and ample room for growth.
The Company has significant growth potential in the target market (especially commercial, irrigation and chemical services) – aggressive marketing efforts, team expansion and a broader reach could grow top line to $5M in 5 years.
The Company enjoys a strong competitive advantage and high customer retainage gained through years of providing expert lawn care, high quality complimentary services and responsiveness to customer requirements – on time and under budget. The Company has a long- standing industry reputation for excellence and strong buying power – consistently delivering more value to its diversified customer base.
A comfortable transition period is offered by the owner who truly wants to continue to see the business flourish. An extended consulting agreement is available. A very well trained and highly qualified team is in place to support the new owner in all aspects of the business.