30+ Year Commercial Tree Trimming Company

Palm Beach County, FL

Seller Financing Available
tree trimming
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Asking Price: Get Financing: $1,500,000

Cash Flow: $401,818

Gross Revenue: $2,514,066

EBITDA: $401,818

FF&E: $750,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1986

30+ Year Commercial Tree Trimming Company

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Business Description

Profitable Large-scale Tree Trimming pre-qualifed with SBA

This is a unique opportunity to purchase one of only a handful of large-scale tree trimming companies in the south Florida area serving primarily Palm Beach and Broward counties. The company enjoys long-standing relationships with HOA's, condominiums, apartment complexes as well as other large-scale properties such as universities and government agencies.

Most revenues are generated from tree-related activity such as tree trimming, stump grinding, tree removal and root pruning. However, the company also derives revenues from landscape installations and pest control activities.

The company has a core crew of well-trained employees as well as a certified arborist on staff. During season, which ranges from February through October, the headcount can double.

This opportunity fits a range of acquisition profiles from a stand-alone operator to a strategic footprint for an existing landscaping or other property management company looking to add to their product offerings.

Revenues for the company are remarkably consistent as follows: 2013: $1,642,000, 2014: $2,251,000, 2015: $2,246,000 and 2016: $2.514,000. Revenues for 2017 are on track to meet or exceed 2016 numbers.

The company has a reputation for being able to deploy and execute quickly and efficiently. They have invested in all manner of equipment to provide add-on services which provides many incremental profit opportunities while on existing job sites.

PLEASE COMPLETE BOTH THE ATTACHED NDA AND FINANCIAL DISCLOSURE FORMS PRIOR TO CONTACTING FOR ADDITIONAL INFORMATION. BROKERS WITH BUYERS ARE WELCOME TO RESPOND.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
20-60
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company leases a 1,000 SF of office space and approximately 5 acres of land. Additionally, there is over $750,000 in well-maintained machinery and equipment ranging from trucks, trailers, lift trucks, bob cats, chippers as well as all kinds of hand-held equipment and tools.
Competition:
There are only a couple of tree trimming companies of this size to accommodate large properties in south Florida. The company does not execute formal ongoing marketing efforts. Revenues are generated from existing clientele, contracts, word- of-mouth, in addition to ongoing RFQ's. The sheer size of their clients provide a natural barrier to entry for smaller competitors due to the required capital, personnel, insurance, and equipment necessary to service these clients
Growth & Expansion:
Implementing more formal marketing and sales efforts such as industry network events to expand relationships with other property management companies. Other areas for expansion which would be excellent profit centers include nursery operations and pursuing more landscape installations. As there are no significant current efforts in marketing, any focused strategy should generate a positive impact. Most all large-scale developments have their trees trimmed on an annual basis for both hurricane preparedness and aesthetic purposes.
Financing:
Company's books are clean and it has been pre-qualified for an SBA loan
Support & Training:
Industry experience is of course helpful, but there is a depth of management on staff to assist the new owner. Additionally, the current owner is flexible and is open to negotiating a transition plan that will result in the new ownership having their feet planted firmly in managing the day-to-day operations before departing.
Reason for Selling:
Retirement
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Business Listed By:
Not Disclosed

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