Well Run Landscaping Business In Revenue For Sale

Overview

  • Business services, Services
  • Property Type

Description


Listed by:

The Firm

Well Run Landscaping Business In Revenue For Sale

Omaha,
Nebraska, US

Asking Price:

$6,800,000

Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$9,753,192
Cash Flow:
$1,691,487

This company is stacked with 3 Divisional Managers, an entire administrative staff plus 20 crews consisting of 50 skilled laborers. This is not your typical landscape “Mom and Pop” type of business! The company has $4.7M in assets which makes the buyers bank loan 100% collateralized! They have 5 years of year-over-year growth and the trailing twelve months of sales is over 10 million with 3 million in committed contracts for 2023. Their hardscape services consisting of retaining walls & pavers makes up 40% of their revenue. The pool division is 35% which includes pool design, landscape and water features. The remaining 25% is in reoccurring weekly maintenance for HOA’s, and both residential and commercial clients. This division has 800+ high-end residential homeowners on their list and boasts a 98% retention rate! After more than 20 years in business unfortunately, the owner is selling to have more time to focus on some health concerns in his family. He has offered a transition period of 1-2 years to ensure a smooth transfer of ownership for both the buyer and his staff.

The current owner has offered to carry or roll equity for up to 20% of this purchase to establish his ongoing vested interest in the success of the business and as a show of good faith. All of the certifications needed (licensed contractor, sprinkler contractors, lawn and paving certifications) are held by the business or current employees, not the owner. Priced at $6,800,000 this business has a solid team, client base, and local reputation that any entrepreneur could build with. There is absolutely no marketing in place, all business is based on reputation, and they also have much more capacity with their current location and fleet.

Property Information

Real Estate:

Lease

Lease Terms:

Lease: 60×60 shop and a 40×30 office. Ongoing rent of $6,000/month included in cash flow.

Leasehold Rent:

$6,000 per annum

Location:

Omaha, NE

Business Operation

Reasons for selling:

Family health concerns

Employees:
55
Years established:
2000

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

10% Buyer Down Payment $680,000

10% Seller Financing $680,000
10% Equity $680,000
70% Bank Loan $4,760,000

Furniture / Fixtures value:
$3,642,961 – included in the asking price
Inventory / Stock value:
$510,157 – included in the asking price
Related Documents:



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Address

  • City Hong Kong

Details

Updated on January 11, 2023 at 11:13 pm
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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