Landscape Maintenance/Snowplowing Company Seeks Equity Partner

Kalamazoo County, MI

Seller Financing Available
Landscape Maintenance/Snowplowing Company Seeks Equity Partner
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Asking Price: $900,000

Cash Flow: $493,796

Gross Revenue: $1,154,417

EBITDA: $343,796

FF&E: $600,000

Inventory: N/A

Real Estate: $500,000*

Established: 1992

*not included in asking price.

Landscape Maintenance/Snowplowing Company Seeks Equity Partner

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Business Description

Incredibly Profitable Recurring Revenue Business!

This West Michigan-based Company is an absolute cash machine, consistently generating $500K in cash flow every year!
The Company provides landscape maintenance, fertilization and turf management, and snow removal services to a large customer base of commercial and residential customers. The break-down of services is approximately 65% landscaping and 35% snowplowing. Customers all sign contracts, often for up to 3 years.
The Company carries equipment worth a current market value of $600,000 and the real estate for sale is worth $500,000.
The owners of the business have a strong preference to remain working for the company long-term post-transaction so the buyer could be 100% absentee without the burden of managing the day-to-day operations of the Company. The owners wish to bring on an equity partner to help grow the Business to the next level.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@caldergr.com and request a PDF version.
Once we receive your NDA, the Offering Memorandum (OM) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!

Detailed Information

Location:
Kalamazoo County, MI
Real Estate:
Owned
Not included in asking price
Building SF:
12,900
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates out of a 7,200 sq. ft. cold storage building, another 1,500 sq. ft. office building with heat and A/C combined with storage and additionally, there is a 4,200 sq. ft. shop building that is fully insulated with heat and A/C. There is a significant amount of physical equipment on site that would transition with the business and the company sits on 22 acres of tillable land.
Competition:
Investment Highlights Include: (1) Loyal Customer Base: Due to exceptional and honest customer service, customers continue to renew contracts time and time again. (2) Consistent Contract-Based Revenue: Repeat business and longstanding customers continue to provide the Company with a significant and consistent revenue stream, even during lulls in work. (3) Company Culture/Workmanship: Employees have been told to go that extra mile to ensure that work is done professionally, with strong attention to detail, ensuring maximum customer satisfaction.
Growth & Expansion:
Growth Opportunities Include: (1) Sales Force: Currently the Company does not have a person in charge of sales and is not actively marketing to new commercial accounts or condo or homeowner associations. (2) Landscape Construction: The Company used to perform more landscape construction but it hasn’t been a focus lately. Additional focus and investment in this side of the business could rebuild its market share. (3) Irrigation Installation: Along with landscape construction, this is another area of significant demand in the geographic area that would be a good fit for the Company. (4) Tillable Land: The Company sits on 22 acres of tillable land which could used a variety of ways, including a conifer farm, blueberry operation, hop farm, organic vegetable operation, specialty crop farm, storage rental barns, and more.
Financing:
Limited seller financing is available for qualified buyers.
Support & Training:
Ownership would like to remain employed long-term post-transaction.
Reason for Selling:
Wish to bring on an equity partner to help grow the Business to the next level.
Business Website:
http://bit.ly/2U7RgYO
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(from currently available funds)
 
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Max Friar

Business Listed By:
Calder Capital, LLC

Calder Capital

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