MergerPlace

CF Rich Landscape Services Firm

New Jersey


  • Asking Price: $2,190,000
  • Gross Income: $3,600,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $300,000
  • FF&E: $545,000
  • Listing ID: #215710
  • Established: 1999
  • Employees: 15+ seasonal

Business Description

This well-known Landscape Services Firm has provided maintenance services, consultation, design, installation services to a regional client base (50% high-end residential and 50% corporate) for over 20 years. The business consists of 50% of recurring lawn service/irrigation/snow revenues, with the remainder being new landscape installation & design projects – all with a significant number of repeat customers. This well-established company has experienced reliable, recurring revenues 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 2.7x SDCF (2018). A full valuation report is included and shows there is $300,000 in Net Working Capital plus another $545,000 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 $350,000 benefit in (after- acquisition-debt) cash flow in the first year.

(ALL DATA BASED ON SIGNED TAX RETURNS)


Business Details

Primary Business Category: Services - Other Services
Location: New Jersey

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15+ seasonal

Financial Information

Asking Price: $2,190,000
Gross Revenue: $3,600,000
FF&E: $545,000
Inventory: $300,000
Seller Financing Available: Yes

Property Information

Facilities:

The Company sits on a large parcel (if so desired, available for sale under a separate purchase) with renovated buildings providing a strong base of operations for all aspects of the business, plant growing capability and ample room for growth.

Growth & expansion opportunities:

The Company has significant growth potential in the target market (especially corporate, industrial and maintenance services) – aggressive marketing efforts, team expansion and a broader reach could grow top line to over $6M.

Competition:

The Company enjoys a strong competitive advantage gained through years of a unique service process and responsiveness to customer specs – 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.

Reason for selling:

Retirement

Support & Training:

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 with several designers and managers is in place to support the new owner in all aspects of the business.

Contact Business Seller

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Business Listed By:

Karin Neumann

A Neumann & Associates, LLC