Landscape Services, Strong Recurring Revenue. New Haven County, CT

Price: $325,000

Location: New Haven County, CT

Industry: Service Businesses

Listing ID: 33468697-PV

Strong local landscape services business operating in western New Haven County, CT with recurring maintenance revenues combined with landscape-based project income and snow plowing in winter. It is a well-established business with an excellent reputation for quality and reliability. The business is run day-to-day by the long-term owner with several skilled employees, providing residential and commercial landscape maintenance and seasonal services. The business real estate consisting of a shop with vehicle space, equipment storage and office are available for sale with the business. It can also be relocated or combined with an existing business.

The services include weekly lawn maintenance, shrub trimming, plantings, seasonal cleanups, new lawns, grading projects, aeration and seeding, fertilization, tick control services and more. In addition to seasonal lawn care, the business offers snowplowing

Recurring revenues include 100+/- residential & commercial lawn maintenance accounts covered by 5 to 7 experienced employees, including the owner. Revenues are approximately 70% residential and 30% commercial clients. The company has strong equipment and vehicle assets with room to grow in all seasons.

The owner has been in business for over 30 years and is seeking retirement. He will assist with a transition as needed to help a buyer take over his role or incorporate operations into their existing business. This is a solid owner-run business as it stands but also has very good growth potential.

The Company is a great fit with either an individual looking for their own landscape contracting business and higher income level, or another landscape service provider looking to expand territory and add quality recurring accounts as well as reliable, skilled employees.

Gross Revenue: $420,000

Cash Flow: $130,000

FFE: $150,000 (Included in price)

Inventory: $20,000

Real Estate $400,000

Terms & Conditions:

Business Real Estate (shop with space for vehicles and equipment and offices) is available for sale with the business. Business could also relocate or combined with an existing operation.

Reason for Sale:

Retirement

Training & Support:

Seller will provide transition and after sale training and support as needed

Year Established: 1995

Days & Hours of Operation: Mon to Fri

Owner Hours Per Week: 40-50

Non-Owner Payroll: $30,000

Employees: 5 to 7

Managers: owner

Type of Location: Commercial space

Owner Qualifications:

Landscape experience helpful.

Competition:

Strong market in middle to upper income areas with good growth in both residential and commercial markets

Potential Growth:

Good growth potential with marketing to residential and commercial accounts as well as adding services.

Financing/Terms:

Bank Financing, SBA Terms Pending