Residential & Commercial Landscaping Company in North Bay

CA

70% Residential, 30% Commercial Revenues
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Asking Price: $635,000

Cash Flow: $273,921

Gross Revenue: $1,099,061

EBITDA: $161,452

FF&E: $225,000

Inventory: N/A

Established: 1995

Residential & Commercial Landscaping Company in North Bay

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Business Description

Owner Has Carved Out A High-Margin Landscaping Niche After 25+ Years In Same Loc

This profitable residential and commercial landscaping company has enjoyed consistent revenues and a super sticky customer base over its 25+ years in business. The company has carved out a specialty niche in a location with virtually no nearby competitors.

The seller estimates about 70% of revenues come from regularly-scheduled maintenance work and 30% from design-and-build landscape construction projects. This is a turnkey opportunity and an excellent target for any regional landscaping enterprise looking to grow through acquisition.

This is definitely not a “mow-and-blow” landscaping business. Their highly-trained crews bring special skillsets in soil management, water and drainage monitoring, rain sensor calibrations, tree trimming and pruning, sprinkler system automations, long-term planting schedules, fertilizing, pottery maintenance and seasonal planting.

There are 10 full-time employees, plus the owner who puts in roughly 25 hours per week in coordinating crews. The company has 7 vehicles in service and an estimated $225K in tangible assets, which are included in the sale price.

In 2020 revenues dipped as property owners were reluctant to order new construction projects. However, the company proved its resiliency and actually improved its profitability thanks to the customer need for ongoing maintenance work.

The business is located in a lovely, highly-desirable part of the North Bay. Their current office/warehouse location cannot be used by the business buyer since it sits on the seller’s property. The operation will need to be re-located or operated from a home office.

The $273K in Seller’s Discretionary Earnings includes $95K in addbacks along with a negative adjustment for the added rent expense to be incurred by the buyer.

Please contact Brian Loring at 855-683-8888 or go to https://www.managevisors.com/business-listing/north-bay-residential-and-commercial-landscaping-company/ to get instant access to our Business Summary.

Detailed Information

Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The current office/warehouse location is not part of the sale. It is located on the seller's property. Operations will need to be re-located or moved to a home office setting.
Competition:
The company has carved out a unique landscaping niche with very few competitors in a 30-mile radius. There is plenty of room to grow, both within their market and in other nearby areas.
Growth & Expansion:
As he's gotten older, the Seller routinely turns down business. He believes keeping between 8-10 employees and workers is his "sweet spot" as a manager and that anything bigger is more difficult to handle on a daily basis. Hiring another part-time or full-time supervisor could dramatically improve profit margins.
Financing:
Office/Warehouse Not Part of Sale
Support & Training:
Seller is willing to provide adequate training to a landscaping professional for a reasonable transition period.
Reason for Selling:
Retirement
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Brian Loring, CBB, ARM, CVB

Business Listed By:
Brian Loring

Managevisors

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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Ad#:1842508

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