Contact: Brian Loring, CBB, ARM, CVB At 855-683-8888 , 661-360-1769 - Also Email This Contact Below
Asking Price: $635,000 Down Payment: $63,500
Annual SDC: $273,921
Annual Gross: $1,099,061
Attributes: Broker-Broker Coop, Home Based, Semi-Absentee Run, Lifestyle, Financial Assistance, Training & Support, Relocatable, Owner Financing, SBA Loan Pre-Qualified
This profitable residential and commercial landscaping company has enjoyed consistent revenues and a super sticky customer base over its 25+ years in business. The company has carved out a specialty niche in a location with virtually no nearby competitors.
The seller estimates about 70% of revenues come from regularly-scheduled maintenance work and 30% from design-and-build landscape construction projects. This is a turnkey opportunity and an excellent target for any regional landscaping enterprise looking to grow through acquisition.
This is definitely not a 'mow-and-blow' landscaping business. Their highly-trained crews bring special skillsets in soil management, water and drainage monitoring, rain sensor calibrations, tree trimming and pruning, sprinkler system automations, long-term planting schedules, fertilizing, pottery maintenance and seasonal planting.
There are 10 full-time employees, plus the owner who puts in roughly 25 hours per week in coordinating crews. The company has 7 vehicles in service and an estimated $225K in tangible assets, which are included in the sale price.
In 2020 revenues dipped as property owners were reluctant to order new construction projects. However, the company proved its resiliency and actually improved its profitability thanks to the customer need for ongoing maintenance work.
The business is located in a lovely, highly-desirable part of the North Bay. The current office/warehouse location cannot be used by the business buyer since it sits on the seller's property. The operation will need to be re-located.
The $273K in Seller's Discretionary Earnings includes $95K in addbacks along with a negative adjustment for the added rent expense to be incurred by the buyer.
To get more information about this Landscaping Service - Long Established, Profitable business for sale in
North Bay Area please phone Brian Loring, CBB, ARM, CVB (Intermediary, Broker - BRE License #:CA 01397296) at 855-683-8888 and 661-360-1769 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #267420 on BizBen.com. In addition to phoning
Brian Loring, CBB, ARM, CVB, make sure you email Brian Loring, CBB, ARM, CVB above to get more info about this
Landscaping Service - Long Established, Profitable, to ask any questions or request an appointment to see this
business for sale. Thank you.