Irrigation Contractor

King County, WA

Seller Financing Available
Irrigation Contractor
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Asking Price: Get Financing: $525,000

Cash Flow: $250,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Irrigation Contractor

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Business Description

Reoccurring Revenue from Long Term Customers

This business is a 35-year old irrigation contracting company that has been a consistent producer in the Puget Sound for decades. The business provides year-round sprinkler system installations, drip irrigations, service, spring activations, and fall winterizations. The company has a great mix of revenue spread between repeatable commercial accounts and residential clients, as well as a consistent service operation in place. An excellent operational structure from a long-standing employee base will enable for further growth. The company is primed for expansion as the work load is generated mostly from incoming inquiries without a proactive marketing effort being done. The company’s reputation for doing quality work on time has led to longstanding repeatable clients which will transition efficiently to an acquirer.

The staff of the business consists of 11 skilled employees which includes 2 foreman’s, 2 service technicians, field technicians, and office administration. The owner works in a general management capacity. Ownership is flexible relating to the terms of transition training & consulting and desires a seamless transition for their customers and employees. All operational infrastructure is in place for smooth transition of ownership.

The lead broker for this company at IBA is Mike Luitgaarden. Mr. Luitgaarden can be contacted directly at (425) 454-3052 or mikel@ibainc.com.

Detailed Information

Financing:
The seller will finance 50% of the transaction for a qualified buyer.
Support & Training:
The seller will provide an appropriate transition training/consulting period to smoothly transfer ownership of the business.
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(from currently available funds)
 
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Gregory Kovsky

Business Listed By:
Gregory Kovsky

IBA

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