This is a high end family owned 50 year old landscaping business serving affluent individualsl and corporate clientele in Suburban Essex and Morris County areas. Projected 2016 seller discretionary earnings are approximately $300k. The seller can prove earnings. Presently the revenue mix is 30% commercial work, and 70% residential work, with approximately 150 active clients. No single client comprises a significant percentage of total revenue, thereby minimizing financial risk. The commercial work includes providing landscaping services for major hotels in the area that are on contract. Additionally, the business also has approved snow removal contracts. Unlike the majority of landscaping businesses that only provide basic cleanup and yard work, a good portion of both the residential and commercial work includes high margin custom design services, thereby increasing the overall profitability of the business.
In addition to being consistently profitable over an extended period of time, the business also has approximately $500 in equipment that is relatively new and in excellent condition, thereby minimizing a prospective buyers future repair, maintenance and replacement expense.
The seller is willing to remain in the employ of the business for a reasonable period of time, and may be willing to extend some financing to a buyer with good credit and industry experience. Upon receipt of a non disclosure agreement, a detailed memorandum of sale will be forwarded electronically.
Asking Price $985,000
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