North Columbus Suburban Commercial & Residential Landscape Company
Delaware County, OH
| Gross Revenue: | $1,500,000 |
| Established Year: | 1998 |
| EBITDA: | $270,000 |
Listing ID: 2089794Listing provided by BizBuySell
BUSINESS DESCRIPTION
The Company is a comprehensive commercial, and residential lawn and landscape company. It has been in business since 1998 and has become a recognizable name in the Columbus market. The Company offers a broad portfolio of commercial and residential maintenance and landscape installation services, including mowing, trimming, edging, mulching, tree & shrub care and lawncare applications, design, and a host of other services.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Delaware County, OH
Inventory
Included in asking price
Real Estate
Leased
Employees
17
Facilities
The seller would be the lessor of the facility, located on 10 acres, near I-71, less than 30 minutes from Columbus. Operations are in 1 building that includes 4800sq. ft. of warehouse space and 1200sq. ft. of office. There are 2 offices, a meeting room and a large bathroom. There is approximately 16,000sq. ft. of outside parking / yard space and additional acreage available for growth and expansion. High speed internet and VOIP phone service available on-site & water supply. Yard waste disposal facility is 1.4 miles away.
Competition
Forecast for Steady Growth
o Commercial and residential lawn & landscape services is a $105.1B industry. The growth rate was 2.5% from 2016 to 2021. The industry employs approximately 1.2 million people.
o The commercial landscaping sector represents $70B in annual revenue. The industry has grown 2% annually since 2014. Market growth is estimated at a rate of 4.5% from 2020 to 2025. Certainly, the Columbus area economy is sufficiently robust to provide growth well beyond the national trends.
Growth & Expansion
Growth Opportunities
• Intel is investing $20 Billion in the market. The investment and that of its supply chain partners will create 3000 Intel jobs and 7000 construction jobs. The boom in commercial and residential building creates growth opportunities.
• Growth of All Revenue Segments
• High % of Repeat Business – Excellent relationships drives 90% of annual revenues.
• Increasing Customer Lifetime Value – Installation projects produce new recurring service customers, later purchasing landscape upgrades increasing lifetime value.
Financing
Negotiable
Support & Training
The seller is willing to help support the transition of both the customer relationships and the team members for a reasonable period. He has limited involvement currently with solid, veteran team running the day to day. He owns the facility that houses the business and retains an office nearby so periodic availability for support is within the realm of possibility.
Reason for Selling
Owner is looking to focus on other opportunities.
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