Description
OFF-MARKET ‘Q3 2024
Residential (and Commercial) Landscape Service Company
Southeastern US
Seller Financing Available if the price and deal structure is right.
Asking Price: $18,000,000
Cash Flow: $3,250,000
Gross Revenue: $24,500,000
EBITDA: $2,400,000
FF&E: $6,300,000
Inventory: NA
Established: 1995
Employees: 115 (Full-Time) / 25 (Seasonal)
Business Description
The Landscaping Service Company was established in 1995 in one of the fastest growing regions of the U.S. (location provided above is broker’s location). The company has a strong culture that focuses on reliability, customer service, and quality that has been cultivated over its 28-year history. The company has non-owner leadership in place that is ready to take the business to next level under new ownership. The company’s main clients are large developers and home builders in three different locations with a fourth location currently being added to fuel even greater growth and reach. The company is in the strongest position it has ever been in and ripe for rapid growth with the right resources behind it.
All the pieces are in place to surpass $27M revenue and $3.6M EBITDA in 2024 with the company’s current operations. With a push, the company could readily exceed $30M in annual revenue in short order.
NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
The company leases five locations as its dispersed base of operations.
Competition:
The company uniquely excels at production in landscaping services, where potential competitors are too small to tackle the company’s menu of projects.
Growth & Expansion:
The company is adding a fifth locality and could readily add more.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling:
The current (passive) owner is ready to pursue other interests post-transition.