Profitable Landscaping Company

Essex County, NJ

Seller Financing Available
Profitable Landscaping Company
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Asking Price: $495,000

Cash Flow: $191,200

Gross Revenue: $604,800

EBITDA: N/A

FF&E: $280,000

Inventory: N/A

Rent: $880 /Month

Established: 2005

Profitable Landscaping Company

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Business Description

Highly successful landscaping, landscaping design and snow removal company with a 2017 gross income of $604,800 and a net yearly income of $191,200. The company has numerous long-standing yearly contracts with private companies, municipalities, and home owners to fully service their outdoor maintenance needs. From snow removal to lawn maintenance to landscaping design this company has a wonderful reputation for their quality professional services. The company is family owned & operated and continues to provide a distinctive touch to their many customers. They take immense pride in offering professional landscape contracting services that will beautify outdoor space and increase home value. They offer free estimates for landscaping projects big and small as well as quality sprinkler installation service. The company has provided residents and businesses with high quality, professional landscaping and lawn maintenance services. This landscaping company continues to provide services year-round throughout all four seasons. This business has seven full time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $17,000. The business has an assignable commercial lease which expires 2026-01-01 plus additional options, with a monthly rent of $880, rent security 2 months. The business is active Monday-Friday, with hours from 8:00 am to 5:00 pm, 8-9 months of the year. Some Saturdays, weather permitting. The business has been valued at $495,000 based on a multiple of the net yearly income including the value of the specific business assets & vehicles and seller financing has been approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business opportunity is located in Northern New Jersey, Morris / Essex County, which consists of numerous highly populated and affluent communities with continued demand for this service. The business location consists of 1,200 square foot facility, a heated garage and a parking lot for approximately ten vehicles. The business location in on a county road near to various highways.
Competition:
Due to the cost of equipment, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth & Expansion:
The business presently has a basic marketing system, poor web site and if improved can further develop the business bottom line net income.
Financing:
Is available to a qualified buyer with an appropriate down payment.
Support & Training:
If requested the owner will remain post-closing and supply an appropriate transitional period to the new operator.
Reason for Selling:
The sale is due to the owner’s retirement from this industry.
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(from currently available funds)
 
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Ron Cervelli

Business Listed By:
Customer Service

Regal Consulting Corp.

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