Landscape Contractors #2133

IL (Relocatable)

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Asking Price: Get Financing: N/A

Cash Flow: $598,000

Gross Revenue: $2,170,971

EBITDA: $498,000

FF&E: $572,895

Inventory: N/A

Lease Rate: N/A /SF

Established: 1981

Landscape Contractors #2133

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Business Description

The Company is a landscaping company based in the Suburban Chicago market. They offer landscaping services for townhome associations, condominium associations, apartment complexes, property management firms, commercial grounds, office parks, public spaces, retail plazas, and industrial properties. Their specialties include landscape maintenance, landscape design, new construction, and snow removal services. Property serving the business is potentially available.
The Company is showing year after year profits. Business seasonal factors are reduced by providing seasonal services including snow removal for the same clients that need landscaping during the summer. The Company is well positioned to provide a stable and profitable platform for growth. It is an attractive acquisition candidate for strategic or private parties desiring a well-established business.
In 2017, the Company yielded $ 2,170,000 in revenue with EBITDA of $ 527,000 (Strategic). The Company is on tract to achieve $ 2,236,000 in revenue with $ 538,000 (Strategic) EBITDA and $383,000 (Financial) EBITDA for 2018.
The management of the business will need to be provided by the buyer. The current management team will help new buyer through the transition period.
The Company has a strong market presence and is well known in their market territory. They have a niche clientele of mostly multi-family housing properties serving HOA's and Property Managers along with some select commercial properties.
The Companies key to success has been to provide better service and care than most landscape services while maintaining cost effectiveness.

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Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The Company is currently being run out of owners property. The overall square footage being used for the business is 6,000 SF. It is suggested that business operations will need to be relocated to a suitable facility since the Owner’s property will not be part of the sale.
The target market for this company is multi-family properties (condo’s, townhomes, apartment buildings) as well as commercial properties. The Company has a strong base of existing clients and is located in an area of growing markets with new multi-family and commercial projects. The Company is a strong, middle-sized company. It’s not too large as to lose control with efficiency of the labor force and quality business management, and not too small and therefore able to provide full service on their landscaping, chemical applications, installations and maintenance. The Company relies upon their service to existing clients that keeps them coming back. They also rely on their reputation in their industry for new prospective clients.
Reason for Selling:
The management team is retiring.
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Todd Cushing CM&AA, CMEA, SBA, FRC, BTS

Business Listed By:
Todd Cushing

EBIT Associates, Ltd.

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