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The business had both commercial and residential customers landscaping maintenance customers. They also provided landscaping installations, sprinkler systems, excavations, paving, and rock and retaining walls. The owner of the business wanted to spend more time with their family. They hired us because of our experience in selling multiple landscaping businesses. We had several potential buyers, and the buyer with the best offer had an investment banking background and had already purchased landscaping businesses in the South and wanted a presence in NJ. We arranged an introduction to a bank that we have worked with a number of times. They were able to get the financing to provide the seller with the bulk of the purchase price paid at the closing. The seller also owned the building and will receive rent payments from the business owner. He will stay on after the sale and be paid a salary to make sure that everything goes smoothly with the new owner.

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