LISTING DETAILS
Listing Status: Sold
Asking Price: $150,000
Total Sales: $854,537
Cash Flow: $85,604
Real Estate Asking Price: N/A
FFE: $18,180
Inventory: $2,000
Description
Business Summary:
FF&E Included in Sale: Yes
Inventory Included in Sale: No
Real Estate Included in Sale: No
Year Established: 1987
Employees: 13
Business Summary: Great opportunity to own an established business that offers complete lawn care and landscaping services. This includes: Commercial Landscaping, Lawn Mowing & Turf Care, Flower Beds, Hardscape Design, Tree/Shrub Pruning & Care, Leaf Removal/Winter Clean-Up Services, Grading & Drainage Solutions, and Snow Removal. The company primarily serves clients in Prince William and Fairfax County. The business employs experienced individuals who have a passion and commitment to the work that they do. The owner has worked diligently to ensure that each employee possesses the knowledge and skills to consistently deliver top notch products and services.
This business would make an ideal acquisition target for an established lawn/landscaping business looking to expand their footprint in the area, but it could also be run by an active owner/operator. There is a very loyal and stable customer base with many long-standing clients, there are roughly 150 contracts, but there are another 125 active repeat customers. The company has a great reputation with most of their business coming from word of mouth, referrals, and leads through their website or third party affiliate sites (Angie’s List/Houzz/Nextdoor). The business also has countless excellent reviews on a number of popular online platforms.
The business has seen stable revenue and cash flow figures in recent years. The customer base is largely residential, but there is an opportunity to engage in more commercial work. The Revenue is broken down as follows on average; 58% Commercial/HOAs, 18% Residential (individual homeowners), 20% landscape installations, and 4% snow removal. The business has been serving the Northern Virginia market for over 30 years and the owner is looking to relocate out of the area after leading the business for over 25 years. The pandemic has had minimal impact on the lawn care and landscape industry, which was true for this business as well and it is poised for continued success. We don’t expect this opportunity to last long, so contact us today to learn more!
Description of Facilities: The business operates out of a full warehouse space in Northern Virginia that is leased for $6,497/month. There is a large office space, 2 bay doors, 2 bathrooms, and kitchenette. The current lease expires in December 2023, but the business could be relocated elsewhere in the service area once the lease expires if the buyer so chooses. There is more office space then what is really needed for the current operation, which leaves room for growth or the opportunity to sublease the unused offices for additional income.
Competition: There is standard competition for the industry and market, but this business has been established for over 30 years and has an excellent reputation in the area. There is a client base of over 275 accounts and experienced team members in place.
Growth & Expansion: There is room to grow and expand the business through increased marketing and advertising as most of the new business is generated through referrals and word of mouth. A new owner could also bring on new employees to take on more business and expand the current service area. The Northern Virginia area continues to grow as well so there are strong demographics to support a business in this category.
Seller Financing Available: Yes
Seller Financing Terms: Available depending on the final purchase price, terms and qualifications of the buyer.
Reason For Sale: Owner is relocating out of the area.
Seller Support & Training: Seller will provide necessary training and support.
For more information on this listing, please complete our Non-Disclosure Agreement
