Full Service Landscape Design And Construction Business

This highly successful 30 year old complete landscape business represents an extraordinary opportunity for an owner/operator who wants to (1) live and work in a desirable SW Michigan lakeshore community; (2) own a niche business which operates outside the usual constraints of office and factory; (3) buy a service business with prohibitive barriers to entry; and (4) enjoy an outstanding cash flow.

With 48 full-time, non-union employees (from skilled designers to foremen to laborers), the business is involved in lots of interesting and profitable activities such as: landscaping and hardscapes; underground sprinkler systems; retaining walls; patios and walks; erosion control management; lake bank stabilization; ponds and fountains; drainage; and low voltage lighting systems among others. The business also profits from more mundane activities such as lawn and landscape maintenance; parking lot cleaning; and snow and ice management. The buyer will not need to invest in equipment as the business comes with a huge array impeccably maintained by staff mechanics.

This drop dead impressive (both physically and financially) operation has a four year annual weighted average of $3.75 million in revenues and $600,000 in EBITDA. The founder/owner/seller is transitioning his business to devote full-time to a new, unrelated, non-competitive venture.

Included in the $1.79 million asking price (an attractive 3.0x EBITDA) is a myriad of equipment needed to handle all projects which range from $1.0 million turnkey assignments to the seasonal needs of hundreds and hundreds of regular, long-term customers. Also included in the listing price is an inventory of materials ranging from trees to boulders to mulch. Fixed assets (value in place) plus inventory exceed $1.0 million which means that the business enterprise value is priced at an aggressive 1.0x EBITDA. A meaningful seller note will be available for a qualified buyer.

Market Conditions & Competition

N/A

Financial Summary

N/A

Training & Support

N/A

Reason for Selling

N/A