Business Overview

Great opportunity to purchase a profitable full service landscape company serving residential & commercial properties in the metro Atlanta area since 1979.
The business offers landscape design, installation, irrigation and lighting installation and maintenance services, residential and commercial landscape maintenance, and hardscape installation.
The geographic service market for this business is from Midtown Atlanta north to the perimeter. Affluent areas for both residential and commercial customers include Virginia Highlands, Ansley Park, Buckhead, Upper West Side, and Brookhaven.
KEY COMPANY HIGHLIGHTS:
• Structured business model in place – the business is fully staffed and can be run either as an owner operator or semi-passively. Current owner works approximately 3.5 days per week.
• Recurring revenue model, high gross profit margin with multiple revenue streams
• Long time loyal accounts, with great exposure and opportunity to expand
SUSTAINED GROWTH OPPORTUNITIES:
• Many opportunities for expansion and growth exist including:
o Expand commercial maintenance division
o Outside sales representation
o Adding more working crews in the field to increase the service area
o Add complementary services to offerings such as irrigation maintenance and lighting maintenance
The company is well positioned to be taken to the next level! This is a fantastic opportunity for a new entrepreneur to step into an independent business or for an industry veteran to add to their existing business.

Financial

  • Asking Price: $2,100,000
  • Cash Flow: $683,463
  • Gross Revenue: $2,730,627
  • EBITDA: N/A
  • FF&E: $378,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1979

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:20
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The Business is situated on .7 of an acre. The offices are comprised of 2300 square feet of space with less than 1000 square feet of unconditioned warehouse. The open space is used for parking and storage of odd bits such as rock, gravel, soil, and mulch. All logoed vehicles are kept inside a secure fence.

Additional Info

The venture was started in 1979, making the business 43 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell operating businesses. Nonetheless, the true reason and the one they tell you might be 2 completely different things. As an example, they may say "I have too many other obligations" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may just be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in incomes, or an array of other factors. This is why it is very crucial that you not rely entirely on a seller's word, but rather, make use of the vendor's solution in conjunction with your total due diligence. This will paint an extra realistic image of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Numerous businesses take out loans with the purpose of covering points such as inventory, payroll, accounts payable, etc. Remember that in some cases this can mean that revenue margins are too thin. Lots of businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that need to be met or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area bring in brand-new consumers? Often times, operating businesses have repeat clients, which form the core of their daily earnings. Particular variables such as new competitors growing up around the area, road building and construction, and also employee turnover can influence repeat consumers and also adversely affect future incomes. One important point to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business regularly, the higher the chance to develop a returning client base. A last thought is the basic area demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Just how might the regional average household earnings effect future income potential?