Landscape Maintenance Business - Recurring Revenue
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1266947
Net Profit / Cash Flow $275151
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1967
Number of Employees 20 - 34
Inventory 120000
Relocatable Yes
Number of Employees 20 - 34
Real Estate Owned
Training The owner will train the buyer in the operations of the business for a period of twelve weeks following closing which is included in the asking price. The hours of training will be tiered with 20 hours per week for the first 4 weeks, 10 hours per week fo
Reason for Sale The desire to sell the business is based on the owners desire to start up a new business in an unrelated industry which has been his goal for some time now. The owner will execute a non-compete as part of the purchase agreement.
Description This profitable commercial landscape maintenance business has been providing landscape maintenance and tree services to institutions, municipalities and commercial clients within Los Angeles County for over 40 years. A key benefit of this business is that the majority of revenue is of a recurring nature.
Typical landscape maintenance services include scheduled mowing, edging, string trimming, ground cover trimming and shaping, weed control in flower and ground cover beds, mulching, mechanical blowing of walkways and parking areas, fertilization, raking and debris removal. The majority of customers are commercial account such as hospitals, home owner's associations and office buildings, most of which have been clients for 10+ years. The company has been aggressively growing its maintenance business with government contracts which is a great way to grow as the stringent paperwork requirements necessary to bid on such projects discourages many small to mid-sized companies from bidding. The company has somewhat of a competitive advantage as its fixed costs are much leaner enabling it to effectively compete on costs but still realize a strong margin due to its low overhead. This business has clean books and records which can be substantiated with tax returns. For sale by owner. Please call Dave Richards at (310) 770-2440.
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