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Jul 10, 2019 — This well rounded and diversified landscape company has enjoyed consistent growth for over 15 years; even through the economic downturn. Located in the Piedmont Triad area of NC, it provides not only full-service maintenance contracts for both commercial and residential, but also offers a complete portfolio of landscaping & hardscaping services.
The business generates over $600k/year in monthly maintenance with $1.3M in the landscape improvements, most of which is derived from repeat customer base. 2019 Projections show 15% growth year to date compared to 2018. The business is managed by approximately 20 employees – all paid W2 status.
Customer base is consistent and loyal with extremely high retention rates. Much time and planning has been placed on creating systems for everything, much like a franchise in order to keep everyone accountable and profitable. This company has an extensive systems platform including: accounting, admin, contracts, financial planning, safety, lean production, marketing, operations, goal setting, sales, and HR. Less than 3% of accounts receivable move past 30 days providing outstanding cash flow.
A strong HR program is in place with benefit packages for all employees ensuring their retention. Long term employees and a skilled labor force keep this company in growth mode. Owner has little involvement on day to day operations with General Manager, Full Administrative Staff, and Crew Leaders in place, making new ownership transition easy.
Whether you’re someone looking to expand their current operations into a new market, expand service offerings, or looking for a new career, this company can catapult a new owner into a thriving and growing industry. Don’t miss this opportunity to purchase this outstanding well versed and experienced Company with an impeccable reputation! Owner willing to help with transition.
Assets/FF&E: $ 558,525
*Use Reference ID: LMNC-LES