Landscaping & Snow Removal Services Company For Sale

This is a Toronto-based year-round landscaping and snow removal company that provides contract-based service primarily to condominium associations in the Greater Toronto Area. In business for over 25 years, the company works on annual maintenance contracts and has long-established relationships with its clients which provide stable, predictable cash flow, and little seasonal fluctuation.

Training and an agreed upon transitional period will be provided to the purchaser. Training in administration, operations, management, and day-to-day running of the business will be part of the hand-over process.

The business has no debt, well maintained and modern commercial fleet and well trained employees. Annual revenues over the last 5 years have been stable, ranging from $1.7 to $1.9M, with normalized EBITDA in the 20% range. The extreme weather during the winter of 2013/2014 lead to temporary decrease in profitability as labour and material costs increased, however company’s most current financials are in line with historic revenue and profit averages.

Owner is open to a reasonable vendor financing of the business acquisition.

Financial Summary

• Price: $1,200,000
• Revenue: $1,900,000
• Profit to Owner: $450,000
• FF&E: $300,000
• Established: 1988

Market Conditions & Competition

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Financial Summary

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Training & Support

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Reason for Selling

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