This 23-year business specializes in the design, construction, and primarily, the maintenance of residential landscape in Pima County.
The Seller reports a well-established customer base, with recurring revenue from approximately 150 maintenance contracts. Said contracts include services such as irrigation installation and repair, outdoor lighting installation and repair, lawn care, weeding, pruning and tree trimming, and potted garden maintenance.
As the recipient of multiple industry awards for excellence in the design and construction of custom outdoor living spaces (i.e. outdoor kitchens, ramadas, fire pits, lawns/gardens, etc.) relationships with local landscape designers and pool companies are well-established and in place for an incoming acquirer. The company is also the preferred landscape contractor for multiple custom builders and remodelers, and typically receives a plan for a new project from a builder(s) every month.
Seller reports that in addition to their booming maintenance revenue, these additional revenue sources are very consistent and a new owner can count on many, if not all, of the aforementioned relationships, staying established.
ASKING PRICE: $895,000
CASH FLOW: $304,598
GROSS REVENUE: $1,648,431
FF&E: $125,000 (included in asking price)
INVENTORY: $500 (included in asking price)
REAL ESTATE: Leased; Rent: $1,500 /Month -- Seller operates out of a single-wide trailer on a lot which is leased. A buyer will need to assume said lease (6/30/2023 expiration) or enter into a new lease agreement with the landlord.
SUPPORT & TRAINING: The Seller will familiarize a buyer for a period of 30 days, on a full-time basis, without pay. Thereafter, will be available for telephone consultations as needed.
REASON FOR SELLING: After 23 years in the business, Seller is ready for a change.
* SELLER NOTE RE: IMPACT OF COVID-19 ON BUSINESS: "Our amount of inquiries have been steady, and our outside designers and builders have been sending us a lot of plans. We are also selling new installations at a steady rate and currently have new, sold jobs on the board through 2021. With all of the uncertainty in the market, we feel really good about having long term projects sold!"
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