MergerPlace

Commercial Landscaper

North Carolina


  • Asking Price: Not Disclosed
  • Gross Income: $1,206,860
  • Cash Flow: $193,762
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $344,475
  • Listing ID: #211555
  • Established: 1985
  • Employees:

Business Description

This is a turnkey and profitable commercial landscaping and property maintenance business. The business is based near and services a premier demographic of commercial clients. Starting as a one-man operation over 30 years ago, it has grown into a million dollar enterprise with over twenty employees, including three experienced managers who have a combined tenure with the business of over fifty years.

Throughout the life of the business, the owner has attracted and retained a roster of desirable commercial accounts including apartment complexes, shopping centers, office buildings and townhouse communities.
Services provided by the business include:
lawn care
weed control
outdoor plant care
irrigation
fertilization
snow/ice removal
seasonal care
grounds planning and development


Business Details

Primary Business Category: Services - Other Services
Location: North Carolina

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Gross Revenue: $1,206,860
Cash Flow: $193,762
FF&E: $344,475
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

The sale of this profitable business will convey a comprehensive fleet of equipment, including trucks, trailers, mowers, small equipment and supplies. The fleet also includes back-up equipment in the event of unforeseen circumstances or increased demand. Due to the surplus of machine resources, the business experiences virtually no down-time due to machine malfunctions. The yard and buildings of the business are not included in the asking price nor in the adjusted expenses of the business, but are available for sale or lease. The existing facilities can be leased for $4k/month. The new owner also has the option of relocating the business.

Growth & expansion opportunities:

Service area is located within the thriving, growing and upscale Research Triangle Region, an area that continues to show strong growth in new home construction, and as a home for new industry and labor resources. As the owner has approached retirement, he has consciously limited the growth of the business. Many requests for bids are not aggressively pursued.

Competition:

This business has earned a strong reputation for excellence and quality service within the highly competitive landscape maintenance industry. The competition is mitigated by the company's 30 year history and its commercial relationships in their target market.

Reason for selling:

The business owner is retiring after three decades of building this successful commercial landscaping business.

Support & Training:

Will train for 4 weeks @ $0 cost. Current clients include apartment communities, property managers and other commercial properties. Business currently employs more than twenty full-time technicians, deployed into three operating crews, working four 10 hour days (leaving Fridays open for rain-outs). Applicable licenses: buyer can work under owner's license (contractor/pesticides) in the transition period while pursuing their own licensing.

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Business Listed By:

Don Emmett

Murphy Business Brokers