2.7x multiple on stable profits! Situated in the Big Bend area of the Florida Panhandle, listing provides upscale landscaping services to shopping centers, commercial property such as office complexes, and local parks. With a focus on lawn maintenance and power sweeping services among others, service contracts are minimal due to long-term relationships, however definitely possible for new ownership. With excellent customer diversity, the company has great flexibility for strategic growth inside the industry, one opportunity being municipal work. Projecting to surpass $1.2 Million by the end of this year, Total Revenues for 2021 reached $1,166,391 alongside Seller Discretionary Earnings of $255,800 and Adjusted EBITDA values of $176,013, based on an independent evaluation! As potentials to maximize customer bases through online marketing exist, current efforts utilize a Dex site and otherwise rely on backed verbal referrals from recurring clients due to superior, quality services. The company is ran remotely from home-based location and utilizes a storage facility for equipment, leased at $1,950 monthly, showing facility flexibility within the service area. Personnel of fourteen nonunion employees are most likely to remain post-sale and continue operations after the transition. Growth stunted due to seller’s preference and new ownership should have no issues taking the business to the next level!
Listing includes Equipment of $558,000.
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