Annual Revenue: $650,000
Net Cash Flow: $250,000
Location: New York
After over 20 years of business, the seller is ready to retire after this season. This business offers full-service landscaping and maintenance to its exclusive list of about 170 clients conveniently grouped in Upper Westchester County New York. The company operates from Mid March to Mid December.
Growth/Expansion Opportunity: Additional Services can grow the business. Snow Removal, Tree Service, Masonry Work, Fertilizer, Pesticides, Sprinkler System Repair, etc. The company has not advertised to promote growth. At present many services are being sub-contracted for a commission – This work can be performed by hiring the proper labor force. Over $600,000 in work was sublet this year for an average of 10% commission. Keeping this work in-house will significantly increase the top and bottom line.
Equipment: Extensive equipment list – current market value approximately $200,000. 4 trucks, Mowers, BlowersAll 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. Seller is the landlord and will honor a month to month lease at fair market rates. Garage is set up to run this business. Oversize with 3 commercial overhead doors.