Lawn Care & Landscaping
Location United States
Asking Price Range $250K - $500K
Gross Revenues $380000
Net Profit / Cash Flow $160000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training 15 days.
Reason for Sale Moving out of state.
Description Landscape / Lawn Maintenance business for sale. The seller purchased this business about 6 years ago and shortly thereafter incorporated landscaping. The sellers success is evidenced by the continuous growth even during these economic times. Gross income grew about 20% from year 2007 to year 2008 with a net reported income of $156,000. The first 2-3 months of 2009 show an approximate increase in gross income of about 30%. There is 46 residential accounts and 8 commercial accounts as of the end of March ...anticipating additional accounts to come on board very soon.
There are 3 full time and 2 part time employees. The owner works approximately 10 hours a week during the season and approximately 20-25 hours a week during the winter months primarily following up and quoting on landscape work. The actual lawn maintenance portion of the business generates about $12,500 a month in re-occurring Revenue. The seller is moving out of state and is in the process of starting a new business there. The price of the business is $300,000. With 20% down, ($60,000) this business could be financed netting the new owner approximately $125,000 after debt service and all bills paid.
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