Landscaping / Snow Removal Co. - Recurring Contracts
www.GlobalBX.com
Listing ID:
700400426
Listing Title:
Landscaping / Snow Removal Co. - Recurring Contracts
Quick Link:
http://www.globalbx.com/listing.asp?bId=400426
Industry:
Business Services
Industry Segment:
House and Garden Maintenance
Country:
United States
State / Province:
Montana
Area
City:
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$1,000,600
Cash Flow:
$246,500
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2018
Number of Employees:
20 - 34
Business Description:
If you are interested in owning a company where most of the hard work has already been done, look no further. With $450,000 in yearly recurring contracts with high renewal rates, there is enough recurring business to provide some opportunity for internal growth. The business consists of four main revenue generating units: snow removal, commercial and residential lawn maintenance, sprinkler installation and maintenance, and fertilizing. All four units have growth potential. All four areas need quality employees to continue the upward trajectory. Having a new sprinkler specialist would grow the installation of sprinklers and continued maintenance. The company is at a point where they are reluctant to take on more landscaping contracts because lack of open spaces on a weekly calendar. They also are turning down snow removal jobs for lack of equipment and employees. If new owner can work on retaining current staff as well as hiring some key new people, there is no reason to believe there isn't more growth in the future. The buyer would assume leases on lawn care equipment. The FF&E would be negotiated, but much of the tools would come with the purchase price. The office is roughly 4000 square feet, and rent would be roughly $5200, but it comes with a partially covered parking area to store the high-end equipment in the both of the off seasons. Office comes with a lift to service vehicles, as well as a conference room and a front office. The yard would be shared with two other companies both of which are fenced in, so the buyer would have ample space. There is also an area dedicated to recycle clippings which allows to resell the soil after it composts. The Company has been in business in the area for over 20 years in the same place. A heighted focus on expense controls and increasing sales could make this a valuable business. The Seller does own the property and will offer a first-right-of-refusal when the seller decides to sell the property.
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