Landscape Specialty Service: SOLD
Landscape Specialty Service: SOLD
Price: $1,100,000
Location: Cobb, Fulton
Listing ID: 050620211
This landscape specialty service business was established in 1997. The owner is ready to retire but will stay on if requested by purchaser for up to 1 year. Their sales mix is 80% residential and 20% commercial. Revenue in 2020 was $880,000 with the seller discretionary earnings (SDE) at $360,000. This year they are on track to equal last year's output by the end of July. They expect the full year to come in above $1.2M in revenue and above $450,000 in SDE. They are not a maintenance or an install landscaper. They operate 10 months a year. They are closed in November and December. We are asking $1,100,000 for the business, equipment and vehicles.
Gross Revenue: $1,400,000
Cash flow: $520,000
EBITDA: 520000
Accounts Receivable: 0 (Included in Price)
FFE Included: 200000
FFE: 200000
Reason For Sale:
Retirement
Training & Support:
Yes
Year Established: 1997
Days & Hours of Operation: 6 days a week. The business is closed in November and December.
Owner Hours Per Week: 6 days a week. The business is closed in November and December.
Employees: 13
Managers: 3
Facilities Information:
Relocatable.
Historical Summary:
This landscape specialty service business was established in 1997. The owner is ready to retire but will stay on if requested by purchaser for up to 1 year. Their sales mix is 80% residential and 20% commercial. Revenue in 2020 was $880,000 with the seller discretionary earnings (SDE) at $360,000. This year they are on track to top $1.4M in revenue and have already hit $500,000 in SDE. They expect the full year to come in above $1.2M in revenue and above $450,000 in SDE. They are not a maintenance or an install landscaper. They operate 10 months a year. They are closed in November and December. We are asking $1,100,000 for the business, equipment and vehicles.