Landscape Maintenance

Cumming, GA (Forsyth County)

Seller Financing Available
Outdoor Kitchen, Patio and Fire Pit
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Asking Price: $350,000

Cash Flow: $90,000

Gross Revenue: $785,000

EBITDA: N/A

FF&E: $75,000

Inventory: $25,000

Rent: $200 /Month

Established: 2003

Landscape Maintenance

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Business Description

Almost $800,000 in Landscape Installation Sales for 2018

My Client's Company has been serving the outdoor construction and landscaping needs for clients throughout the greater Atlanta metro area since 2003. In their early years, they more than doubled their sales each and every year. In 2007, they sold off their maintenance division to focus solely on new residential landscape installation. They suffered a setback in their business during the housing crisis of 2008 and 2009. Since then, they sold off a substantial portion of their equipment, but after 2010, they have now returned to their pre-crash volume of nearly $800,000 in annual sales.

Their strength is in the quality of their work and the fact that they have immense visibility online. They have a very strong social media presence and a rock solid website that continues to pull in leads 12 months per year. They literally have almost no down time at all.

About their employees...they currently have 3 employees that have been with them for many years. Several years ago, the Owner approached his foreman about running his own business and helped him set up his own company. He now continues to run all of my Client's projects, and my Client works through a variety of subcontractors as well. This strategy allows him to never have to deal with being an "employer"and many of the troubles that come with that. Additionally, my Client no longer has to worry about trucks and equipment breaking down.

The best part of this system is that it allows my Client to be flexible with his own time off. If he chooses not to work, he just gives his crew some advance notice so that they can temporarily work elsewhere or, on the the other hand, he can easily leave them on projects from start to finish completely independently.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
2/28/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
My Client rents a 2,000 square foot facility for $200 per month with both interior and exterior storage available. He pays nearly nothing for rent. It is located in Cumming, and he shares the place with several other companies. His foreman owns the trucks and equipment, so my Client never has to worry about setting aside money for repairs. (Home Based)
Competition:
My Client competes mostly with higher end companies. What sets him apart is the fact that he offers true turnkey capability which allows him to implement multiple solutions (drainage, cleanup, sod, hard scapes, lighting, soft scapes, tree removal and more) on a single project. My Client's average project size is nearly $15,000 with many projects exceeding $30,000.
Growth & Expansion:
The pros are that my Client has numerous lead sources and is a very popular company. People specifically want my Client's Company to do their project because they bring so much trust to the jobs. My Client keeps his word and that keeps his company growing. The cons are continuing to find great people, specifically subcontractors, and finding better ways to take advantage of all the people looking to have work done, rather than turning work away. For those of you who are interested, I am hiring my Client to do a major Project at my home.
Financing:
$300,000 down with $50,000 @ 6% over 36 months
Support & Training:
My Client has numerous training videos that he has made that cover all of my Client's services. My Client is willing to work with the new owner for a period of up to three months to be sure that the transition is smooth and all of my Client's systems are learned. The first 4 weeks are included in the Purchase Price, and any time beyond that can be negotiated.
Reason for Selling:
Other Business Interests.
Home-Based:
This business is Home-Based
Business Website:
http://botline.com
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Business Listed By:
Loren Marc Schmerler

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