Price Drop!Well Established Landscaping Buisness with over 200 clients

Somerset, NJ (Somerset County)

Price Drop!Well Established Landscaping Buisness with over 200 clients
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Asking Price: Get Financing: $600,000

Cash Flow: $229,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: $216,000

Inventory: N/A

Lease Rate: $12,000 /Year

Established: 2008

Price Drop!Well Established Landscaping Buisness with over 200 clients

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Business Description

THE following describes the salient characteristics of the company:
- Sustainable and steady revenue and profit lines with 2016 sales of 917,892, and $875,513 in 2017.Business capable of revenues growth of over 30% in short term with small expansion of crew.
- Rank #1 in the community. Strong and established reputation and brand recognition of services within Somerset County..Very high route density.
- Expert residential company providing superior customer service with a 90% customer retention rate, evidenced by its loyal customer base of approximately 300 unique customers.
- 100% of all annual contracts are signed at the start of the calendar year.
- Exceptionally maintained late model equipment inventory of 18 vehicles, 29 field equipment,13 mowers, 5 snow removal, 9 fertilizing/pesticides, 15 trimmers, 11 computers, software Hindsite/Real Green
- Seasoned expert team in place with 4 crews consisting of 2 per crew. Seasoned expert team in place available post-transition to provide services
- Custom services to include organic lawn care as well as synthetic lawn care.
- Award winning full-service company with certifications in multiple areas. High customer reviews.
- Extremely favorable industry trends with a unique position to capitalize on the growing macro- economy or through expansion into additional service areas.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
HIGH NET WORTH AREA
Growth & Expansion:
EXPANDAABLE TO $1.200,000 or more WITH ADDITIONAL CREW
Financing:
POSSIBLE
Reason for Selling:
OWNER RETIRING BUT WILL TRANSITION FOR 6-12 MONTHS
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Frank Pagano

Business Listed By:
Frank Pagano

Stony Hill Advisors

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Sponsoring Broker:
Paul Visokey

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