Profitable Athletic Field Maintenance & Specialty Lawn Company (17898)
Asking Price: | $1,250,000 |
Gross Revenue: | $1,004,217 |
Rent: | $3,000 |
FF&E: | $500,000 |
Cash Flow: | $408,731 |
Inventory: | $100,000 |
EBITDA: | $267,544 |
Established Year: | 1999 |
The growing, highly profitable Athletic Field Maintenance company is primed for more growth in the Hudson River Valley, New York area. The company is a popular maintenance and construction service provider for sports fields and athletic centers. The primary services consist of comprehensive and specialty athletic field maintenance programs, fertilization, and renovation services. Customers consist primarily of regional educational institutions, sports clubs, colleges, universities, and municipalities. Approximately 80% of revenue is from recurring field maintenance services, with the remaining from field reconstruction, fertilization, weed / insect control, and drainage services. The crew operates normal 8-hour shifts on a recurring schedule for maintenance. The Company has a proven track record of being the top sporting facility maintenance and lawn company in its area with well-maintained company owned equipment. The real estate is available for lease or purchase if desired, the facilities include 2 buildings for storage, office space, and shop space for equipment maintenance. The Company provides a great opportunity to grow through scaling up its operation and delivering its services across the eastern part of the United States or even farther. In 2022, the company’s total revenue was $1,004,217, with seller’s discretionary earnings of $408,731 and 2023 is projecting a stable increase with $1,175,000 in sales.