Sod And Landscape Services Company
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3342379
Net Profit / Cash Flow $743129
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 10 - 19
Inventory 231095
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training One year at $50,000 salary for each owner.
Reason for Sale Retirement.
Description This company offers landscape contracting and design services, sod and seeding services and lawn installation to the wholesale and retail market place. This company is the result of a merger of two companies with over 20 years in the business. They have an excellent reputation, loyal customers, a quality product and timely delivery and installation. The seasonality of the business is balanced by a good mix of 3 main markets: home builders, commercial contractors and retail business. The gross profit margin has increased from 35% to 40% in 2007 due to greater efficiencies in running the crews and aggressive pricing that has been accepted by the marketplace. EBITDA growth is 43% over 2006. An employee has been added to bid commercial jobs because of the overwhelming volume of requests. Another full time crew has been added to handle the increased volume as well. There is substantial growth opportunity by adding more trucks and drivers. Several synergistic businesses could also easily be added at this location. Contact Lucy Higgins, The Higgins Group, Inc., 214-368-0196 for more information on this Sod And Landscape Services company for sale. Asking price is $2,400,000. Working capital of $200,000 is included in the sales price.
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