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Environmental Landscaping Services And Geo-Technical Site Work Company

MI

1
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $3,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Environmental Landscaping Services And Geo-Technical Site Work Company

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Business Description

Business Description

The Company is an environmental landscaping services and geo-technical site work company located in west Michigan. They specialize in shoreline mitigation and reconstruction, in the high-end residential areas. The company serves west Michigan and its beautiful shoreline. The company offers design, construction, project management, MDNRE, SESC, and building permits. From aesthetics, functions, and stewardship the company offers a high-quality service and customer satisfaction. The company was founded in 2008. The company currently has approximately 35 highly skilled employees. This businesses client base is high end and a typical client will spend between $50,000.00 and $150,000.00 for their services. In 2019, sales are expected to exceed over $3,000,000.00, and in sales are booked thru 2020!

Due to the specialization of this opportunity, this company is experiencing rapid growth, the present owner is willing to transition the company over a period and stay on staff on a consulting basis. Currently the company is receiving a large call volume of calls for estimates, especially for Lake Michigan shoreline work, just as the company anticipated and revised their marketing toward this year. The initial site work projects so far this year are totaling nearly 3 million of potential sales for fall / winter.

Key services include:
• Critical dune preservation & restoration
• Shoreline and slope protection and restoration
• ShoreGuard™ PVC seawalls and sheet pile retaining walls • Site flood repair
• Erosion and drainage control
• Irrigation installation and maintenance
• On-site storm water retention systems • Rain gardens
• Retaining walls • Live Wall • Life Roof • Patios
• Decks • Fences • Pergolas and arbors
• Outdoor living spaces • Kitchen and fireplaces
• Xeriscapes • Container and culinary garden
• Native species and ornamental planning • Seeding

From a logistical perspective, the company will not be able to install more than $3 million this regular season year without additional people and equipment. Based on the latest $3.5-4 million projection, approximately $1-1.5 million of that will be heavy riprap work along the Lake Michigan shoreline that the company can do this coming winter. Fortunately, from a schedule standpoint, the shoreline work requires USACE approval and the approvals are extremely slow. So, the company is informing their Lake Michigan shoreline clients that the MDEQ / USACE permit process takes 3-8 months, mostly due to the inefficiencies of the third-party approval process. Thereby, creating a sold workload for 2020, and thereafter. This is a great opportunity for the right company or investor to grow this niche company.
The present owners are willing to support and train the new owners! The reason the owners are selling, is their focused-on retirement. The employees are aware the owners are seeking a succession plan.

This is a great turn-key opportunity! This business is profitable in a great location for growth! Please call Doug at 616.822.9900! or Rob at 616.855.7677!
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Detailed Information
Asking Price: Accepting Offers! Call for Pricing!
Gross Revenue: In excess of $3,000,000.00
Established: Founded in 2008!
Inventory: The Inventory varies based on season.
Real Estate: The real estate is owned by the company in a separate limited liability company. The current estimate of value based on an independent appraisal is $450,000.00
Building SF and Year Built: 4,901 square feet and was built in 1957.
Employees: 35 plus highly skilled employees.
Facilities: Exceptional condition at all facilities and updated to meet all requirements.
Competition: Limited competition, this company is one of the few companies who preforms this highly technical shoreline restoration and landscape design and installation work.
Growth & Expansion: Current owner is making many changes to improve business and sales. Continue to improve the process, products, quality, and focus on the more affluent customer base.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the new owners.
Reason for Selling: Owner desires to retire, however, the owner’s son is managing the company, and is willing to continue with the new company. The owner is willing to continue as a consultant and sales representative for three to five years.

Detailed Information

Real Estate:
Owned
Building SF:
500,000
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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