Profitable Athletic Field Maintenance & Specialty Lawn Company (17898)

New York

Seller Financing Available

listing image
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
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
New York
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Equipment value is rounded, Inventory range is from $50K - $100K. Property valued at $375,000 is available for separate purchase.
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Standard 12 month Owner Transition.
Reason for Selling
Approaching retirement.
Report an Issue with this listing
profile-img
Jason
Hullender
logo-img
Jason Hullender