Landscape And Maintenance - $360,000 Net
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2850000
Net Profit / Cash Flow $360000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 50 - 99
Inventory 800000
Relocatable No
Number of Employees 50 - 99
Real Estate Leased
Training Up To 6 Mos. By Owner
Reason for Sale Owner Is Retiring
Description $3MM revenue landscaping and maintenance co with hundreds of clients - 70% of accts are commercial and 30% are residential. Commercial / contractual clients are under an evergreen / automatic renewal contract with escalation clauses. Company enjoys an excellent reputation with its customers and within the industry. Company has been in business in excess of 10 yrs and employs a professional and dedicated staff. Average tenure of its employees is 5 yrs (incl field staff) and professional/operations staff possess the requisite degrees and/or licenses and accreditation. Asking price of $1.7MM includes conservatively valued tangible assets of $800,000 (incl good collectable Accts Rec <90 days). Owner is retiring and has priced the business very attractively. This is a unique opportunity for a recently ''downsized'' corporate manager to attain financial independence (purchase could be funded via 401K financing w/o tax implications); also, purchase by a strategic acquirer definitely would be worthwhile. Owner will assist new purchaser. Contact for more information on this Landscape And Maintenance business for sale.
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