MergerPlace

Extraordinary Lawn & Landscaping

Virginia


  • Asking Price: $1,450,000
  • Gross Income: $1,962,336
  • Cash Flow: $486,613
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $415,142
  • Listing ID: #212108
  • Established: 2011
  • Employees: 25 FT

Business Description

Established in 2008, this company set out to change “the landscape” of the lawn and landscape industry and began the work of transforming client’s properties into beautiful and manicured grounds. The company began small in the local area but quickly became a Regional premier commercial landscape service company, successfully partnering with local and state governments agencies and commercial property owners and managers across a wider geographic area.

This professionally managed business offers a wide spectrum of customized services – from commercial landscape maintenance, landscape enhancements such as retaining walls and water features, paver and hardscaping design, LED lighting design/installation, irrigation planning, arbor care and snow services. There is no job around your commercial property too small and no job around your home landscape design too large.

The operating results are clear evidence that the success formula is working … with media accolades, industry recognition, loyal employees, satisfied clients and profit margins that are significantly higher than industry average.

Special Financing Available -- This business has been pre-qualified by a lender for special financing -- including working capital funding. A term sheet highlighting the loan details is included in the business prospectus which will be forwarded after receipt of a signed non-disclosure agreement.


Business Details

Primary Business Category: Services - Business
Location: Virginia

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 25 FT

Financial Information

Asking Price: $1,450,000
Gross Revenue: $1,962,336
Cash Flow: $486,613
FF&E: $415,142
Seller Financing Available: Yes

Property Information

Facilities:

The business operates in a standalone leased facility that is well located to all major Regional traffic routes. Although the large customer base is somewhat geographically diverse, the location is strategically situated and affords good drivetime access to clients. The building is almost 3,400 square feet with an attractive $2,500/month triple net lease. The seller pays utilities, insurance and maintenance, and the seller/landlord split taxes. The present lease expires at the end of 2019 and the owner is currently exploring renewal options and other potential locations. Depending on timing, the new buyer may have the opportunity to input into this decision.

Growth & expansion opportunities:

Geographic expansion targets have been identified as well as product line growth. Company management believes the Region can support a ten-fold increase in annual revenues over the business plan period and will work with new owners to transfer market intel and strategic initiatives already in place.

Competition:

The lawn and landscape market is flooded by a host of competitors ranging from students cutting lawns to several men in a single truck/trailer to the high-volume national companies who sweep through an entire lawn in 10 minutes. The business model is very different from those and therefore they attract a different type of customer base. Typically, commercial customer’s jobs are large in scope and managed by commercial property owners – shopping centers, banks, restaurants, big box retailers. Residential clients are very focused on their outdoor living spaces and desire to have unique, eye catching and beautiful features. They possess disposable income and like spending it to make their homes exterior more attractive and inviting. The competitive density for serving these types of large commercial customer and residential customers is more narrow and specialized in number. The combination of past performance, referrals and networking, marketing efforts and third-party endorsements have positioned them well in the marketplace.

Reason for selling:

Owner is relocating out of state to pursue other business pursuits.

Support & Training:

Will train for 4 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Hal Feder

Murphy Business Brokers