Annual Revenue: $680,000
Net Cash Flow: $395,000
Location: Westchester County, New York
This business has been sold. Please view our other Landscaping Businesses for sale.
After over 20 years of business, the seller is ready to retire after this season and has priced the business accordingly (2.0x SDE). This business offers full-service landscaping and maintenance to its exclusive list of about 100 clients conveniently grouped in lower Westchester County New York. The company operates from Mid March to Mid December. Solid Bankable Tax returns.
The company offers – weekly/monthly ground maintenance including; Mowing, Hedge/Bush Trimming, fertilizing, and Pesticide Application. Monthly Maintenance service is about 35% of the business.
The owner has refused new clients as he has been selectively scaling back his business. The owner has also shifted his focus from new landscape design and installation.
The business currently employ’s (4) full-time seasonal workers with the owner working as the active manager/foreman.
Growth/Expansion Opportunity: New owner could easily expand the business by Advertising, Adding Snow Removal Services, hiring additional crews, and accepting new referral clients, or expanding areas served within Westchester County.
Equipment: Extensive equipment list – current market value approximately $200,000. 4 trucks, Mowers, Blowers
All equipment is fully serviced and reconditioned for the start of the new season.
Employees: Current team consists of the owner, a foreman, and 8 laborers. Each season about 50% of the laborers return to work. 50% are recruited annually for the season. The present owner is willing to work one year as a General Manager to ensure a smooth transition to the new owners
Inventory: Extensive inventory of repair parts etc. valued at $30,000 included in the sale.
Facility: Currently operates out of a 2200 sq ft +/- oversize 4 car garage – available for lease. The seller is the landlord and will honor a month-to-month lease at fair market rates. The garage is set up to run this business. Oversize with 3 commercial overhead doors.
Transition: The owner will transition the business to a new owner prior to the new season in operational condition. All of the necessary equipment is to be conveyed in good working order. Employees are at will but are willing to work for the new owner along with a crew to start the season. The owner is willing to work as a General Manager for one year to help facilitate, training, the transition of customers, crews, etc.
Financing: Owner willing to carry a note amount TBD; SBA funding may be an option;