LISTING DETAILS
Listing Status: New
Asking Price: $250,000
Total Sales: $529,277
Cash Flow: $110,564
Real Estate Asking Price: N/A
FFE: $15,000
Inventory: $85,000
FFE Included in Sale: Yes
Inventory Included in Sale: Yes
Real Estate included in Sale: No
Year Established: 1994
Employees: 3 FT / 1 PT
Description
Business Summary:
Unique opportunity to own an established landscaping and plantscaping company that has been serving the DC metro area for over 30 years! The business provides both interior plantscaping and exterior landscaping services to a diverse mix of clients. In addition to these core services, the business also provides holiday décor and floral arrangements as they customize their services to meet the needs of their clients. The primary customer base is comprised of hotels, offices, retailers, and other businesses. The owners seek to provide quality plant care service to all customers, regardless of their location and size along with competitive prices.
The main service area is largely in and around Northern Virginia, but the business serves customers across the greater DC metro area including in DC and Maryland. The business has a large number of weekly and bi-weekly accounts, but there is also a seasonal element to the business around the holidays with specialized installations and displays. A majority of the accounts are businesses along with a smaller group of residential customers. As an extension of the indoor plantscaping services, the business also installs small rooftop gardens, street planters, and containers, as well as providing small scale exterior cleanup, removal, and maintenance services.
The business is currently operated by the original owners who are looking to retire after a long and successful tenure of ownership. They have built a respected and well-run operation with a stable and loyal customer base that’s ready for a new owner to continue running. The business is independently owned and operated and not part of a franchise so the next owner can make any desired changes they would like upon taking over. We don’t expect this business to last long!
Description of Facilities: The business operates out of an industrial/warehouse complex in eastern Loudoun County, but can be easily relocated in the service area. The space is divided into 3 – 1,800 square foot spaces. The total monthly rent is $8,832 and the buyer has the ability to exercise lease renewal options and obtain a long term lease.
Competition: There is standard competition for the industry and market, but this business stands apart as they have been in business for over 30 years. This business would be considered “medium sized” in the DC metro area as they are some larger and some smaller competitors. The owners take pride in building relationships with their customers and many of them have been using the business for many years.
Growth & Expansion: There is room to grow and expand the business in a number of ways. The owners have primarily relied on existing customers, referrals and word of mouth to sustain the business. The business has an online presence, but there is room to expand the marketing/advertising efforts to help create awareness about the business.
Seller Financing Available: Yes
Seller Financing Terms: Available depending on the final purchase price, terms and qualifications of the buyer.
Reason for sale: The owners are retiring.
Training & Support: Seller will provide the necessary transitional training and support.
For more information on this listing, please complete our Buyers Package starting with our Non-Disclosure Agreement
