Active
Well-Established Lawn Service with Customer Recurrence! (17899)
Listing is prequalified for financing at full asking price by a preferred lender! Located in Oakland County of Michigan, agricultural services provided include landscape design, treatments and construction projects as well as maintenance services such as lawn mowing, spraying, fertilization and snow removal to Residential and Commercial clientele. Benefited by high customer ratings, commands over the industry, and over four decades of ongoing reputations, the company also offers seasonal lawn cleanups, installations, and mulching to a few cities within a ten-mile radius. Currently over 400 clients bring about $650K in recurring sales, as Revenues for 2022 reached $1,910,886 alongside Discretionary Earnings of $241,408 and EBITDA of $179,874. Gross Sales forecast up to $2 Million for 2023 with comparable profit margins! The prime shop-based facility totaling 6,000 square feet includes 1,200-sq.ft. of office room and a repair shop of 4,800-sq.ft. The outside space features more than an acre of bulk storage used for landscape materials, an irrigated nursery, quality shade houses, and covered warehouse spacing where salt is kept for winter contracts. The leased property is found in excellent condition and zoned to handle additional capacities. Experienced personnel of twenty, full-time and cross-trained nonunion employees are most likely to remain post-purchase and continue streamlined operations after a standard owner’s transitioning of up to twelve months. With Seller turning incoming jobs away to keep business and laboring small, ideal growth opportunities exist with an added salesperson focusing on lawn maintenance, to maximize revenues and further expansion strategies. Besides the website presence and digital marketing through Angie’s List, Home Advisor, and some print media, most promotion relies on verbal referrals from their large repeating clientele & networking tactics.
Listed By: Shane Hammond
Background information
Seller Number:
17899
Year established:
1980
Reason selling:
Approaching retirement.
Finance
Sales:
$1,910,886
Profits:
$241,408
Profit type:
Discretionary Earnings
Operations
Employees:
20 nonunion.
Equipment:
$350,000
Inventory:
$40,000
Premises
Facility:
Leased.
Square footage:
6,000+/-
Location:
Business can be run Owner Absentee!
Opportunities
Market:
Website, Digital Marketing via Angie’s List, Home Advisor, and Print Media, Referral Sources.
Price and terms
Price:
$899,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Cross-trained team to stay for continued streamlining after standard acclimation of up to 12 months.