Largest Landscape & Snow Removal in Famous Ski Town; 27 Years old

CO (Relocatable)

Seller Financing Available
Largest Landscape & Snow Removal in Famous Ski Town; 27 Years old
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Asking Price: $1,500,000

Cash Flow: $691,000

Gross Revenue: $2,142,000

EBITDA: N/A

FF&E: $600,000

Inventory: $100,000*

Established: 1992

*not included in asking price.

Largest Landscape & Snow Removal in Famous Ski Town; 27 Years old

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Business Description

This is the largest Landscape & Snow Removal company in town. The company enjoys recurring income from landscape maintenance contracts and off-season income from snow removal. Landscape installations include hardscaping (stonework), new plantings and irrigation systems. While the company does work well with many local Architects and Landscape Architects, they also provide landscape design services.

2019 is on track to exceed 2017 and 2018 sales. Company has signed installation orders and many verbal commitments securing future work. Maintenance and Snow Removal are steadily growing over many years. Many clients have signed 2-year maintenance agreements ensuring year-round work.

The company employs 60 workers during the summer and 25 workers during the winter months. The company has developed programs to hire and maintain staff while so many other firms struggle with man-power. New equipment is constantly being added to keep staff safe and productive. Equipment value of $500K is included in the price.

The price is firm. The business is priced very well to sell soon and train new owners during the slow season.

Detailed Information

Inventory:
Not included in asking price
Employees:
Sumr=60 Wint=25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company has 25,000sf yard in-town to store a sizable inventory of plants and mulch and large equipment; it is adjacent to a 7,900sf professional office with 5,900sf shop space for irrigation supplies and hand tools and also has indoor parking facilities. The company has a remote ranch with a pond where they can store & water large volumes of trees and shrubs cost effectively. The Seller owns the property and will provide all or part for lease if needed - will also exclude the real estate if not desired by the Buyer. Seller will consider offers on the real estate. Because sellable inventory varies so much during the year; it will be counted, verified and added to the base price above at closing (inventory ranges during the year from $50K to $200K).
Competition:
While most landscape companies are very seasonal, this business stays busy during the shoulder season with maintenance and then gets quite busy during the winter months providing snow removal. Because many clients are on a long-term maintenance agreement, they produce revenue for snow removal even if the snow is not heavy. Snowfall has been below average for the last few years which has impacted many of the local firms that depend on heavy snows. Many of the projects are so large they last a few seasons and can only be serviced by a few contractors in town. By providing excellent service during installation, the company is first in line to receive the maintenance agreement for these projects.
Growth & Expansion:
Installation projects are already booked for the summer of 2019 with many more currently in bid stage. Ideas for expansion will be shared upon completion of Non-Disclosure Agreement (NDA).
Financing:
seller will consider offers for financing
Support & Training:
This company has good managers in place to continue operations when the Owner retires but company still needs an Owner/Operator. Systems are in place to record as-built conditions (such as photographs and drawings of shut-offs and plantings). Owners will provide adequate training. One Owner (spouse) is willing to stay on for a year, the other Owner is willing to be available for short term consulting if requested.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Bill Scott

Business Listed By:
Bill Scott

Front Range Business, Inc.

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Sponsoring Broker:
Paul W. Chambliss CBI

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