Landscaping & Maintenance Co

NJ

Seller Financing Available
Landscaping Co

Asking Price:$895,000

Cash Flow:$175,000

Gross Revenue:$694,000

EBITDA:N/A

FF&E:$280,000

Inventory:$2,500

Rate/Sq. Ft.:$12.00

Established:1962

Landscaping & Maintenance Co

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Business Description

Forty-year-old highly successful Landscaping, landscaping design and snow removal company with a 2015 gross income of $694,000 and a net yearly income of $175,000. The company has numerous long standing yearly contracts with private companies, municipalities, and private home owners to fully service their outdoor maintenance needs. From snow removal to lawn maintenance to landscaping design this company has a wonderful reputation for their quality professional services. The company is family owned & operated and continue to provide a personal touch to their many customers in Northern New Jersey. They take great pride in offering professional landscape contracting services that will beautify outdoor space and increase your home value. They offer free estimate for landscaping projects big and small as well as quality sprinkler installation service. As a leading New Jersey landscape contractor, this service company turns their customer’s property into a beautiful retreat where you can rest and entertain friends and family. Their professional accredited designers work with you to realize the outdoor space you’ve always imagined. The company has provided residents and businesses with high quality, professional landscaping and lawn maintenance services. Their customers continue to get complimented on their beautiful properties from lush, green lawns and well-kept bushes in the spring and summer to cleared driveways and plentiful firewood in the autumn and winter, their customers love to show off their stellar looking properties. This Landscaping company continues to provide services year round throughout all four seasons. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. This business opportunity is located in Northern New Jersey, Passaic / Essex County, which consists of numerous highly populated and affluent communities with continued demand for this service. The business location consists of 1,200 square foot facility, a heated garage and a parking lot for approximately ten vehicles. The business location in on a county road near to various highways. This particular business has seven full time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $17,000. The business has an assignable commercial lease which expires 2026-01-01 plus additional options, with a monthly rent of $4,166, all in, cost per square foot is $12.50 and rent security $5,000. The business fixed assets has an estimated value of approximately $280,000 which is based on replacement cost and the sale consists of a fully equipped, which includes various vehicles, plows, displays, shelving, POS system, accounting software, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The sale includes appropriate private parking on site as part of the commercial lease. The business is active six days per week, with hours from 8:00 am to 5:00 pm. The sale includes a certificate of occupancy from the municipality and the required state and city licenses to conduct its day to day business. If requested the owner will remain post-closing and supply an appropriate transitional period to the new operator. The sale is due to the owner’s retirement from this industry. The business presently has a basic marketing system, poor web site and if improved can further develop the business bottom line net income. Due to the cost of equipment, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The 2015 yearly gross income is $694,000 and the business has a yearly net income of $175,000 based on an owner operator and prior to debt service. The business has been valued at $895,000 based on a multiple of the net yearly income including the value of the specific business assets & vehicles and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
4,200
Lease Expiration:
11/1/2027
Employees:
Seven
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business opportunity is located in Northern New Jersey, Passaic / Essex County, which consists of numerous highly populated and affluent communities with continued demand for this service. The business location consists of 1,200 square foot facility, a heated garage and a parking lot for approximately ten vehicles. The business location in on a county road near to various highways.
Competition:
Due to the cost of equipment, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth & Expansion:
The business presently has a basic marketing system, poor web site and if improved can further develop the business bottom line net income.
Financing:
Seller financing is available to qualified buyers.
Support & Training:
If requested the owner will remain post-closing and supply an appropriate transitional period to the new operator.
Reason for Selling:
The sale is due to the owner’s retirement from this industry.

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Ron Cervelli

Business Listed By:
Ron Cervelli

Regal Consulting Corp.

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