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Broward County Commercial Landscaping Business

Broward County, FL

Seller Financing Available

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Asking Price:$1,600,000
Rent:$7,700/Month
Established Year:1994
Gross Revenue:$1,770,000
EBITDA:$480,500
Listing ID: 2115594Listing provided by BizBuySell
BUSINESS DESCRIPTION

Full-service South Florida Landscaping Business

Annual revenue is approximately $1.6m, of which about half is recurring maintenance and half is extras (primarily installations, irrigation repairs, and tree trimming).

Customers are a mix of standalone retail properties, shopping centers, HOAs, and office parks. There are no individual residential customers.

The company has grown maintenance contracts over the last five years while also shedding less profitable contracts.

There is significant wallet share growth potential with existing customers. The company has a pipeline of large and small installation projects.

The EBITDA included in the listing has been adjusted assuming the business is acquired by an existing landscaping company with operations in the same geographic area.

DETAILED INFORMATION
Location
Broward County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
31/12/2023
Employees
12
Facilities
The company currently leases an office, yard, and shop. The lease goes through the end of 2023 and can be terminated with 90 days notice. The sale includes all equipment required to sustain current levels of revenue. A full listing of assets to convey to the buyer as part of the sale is included in the prepared information memorandum for prospective buyers.
Competition
While the market for landscaping services is competitive in South Florida, the Company is fully insured and licensed for the services it provides. Licenses for tree trimming and irrigation are competitive differentiators which allows the company to pursue larger commercial customers to provide a one-stop solution. The company is separately licensed in the city of Weston for tree work.
Growth & Expansion
There is significant opportunity to expand wallet share with existing customer base.
Financing
Does not quality for SBA financing
Support & Training
The owners will assist in transitioning all customer and employee relationships.
Reason for Selling
Owners are pursuing other out-of-state opportunities
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Britton Woolf
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Britton Woolf
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