Successful Landscape Design and Construction Company for Sale
| Asking Price: | $1,136,000 |
| Gross Revenue: | $900,000 |
| Cash Flow: | $450,000 |
| EBITDA: | $450,000 |
One of West Michigan’s leading landscape design and construction companies is now available for purchase. The owner of this thriving company has spent years growing the business and is now ready to focus on other non-competitive ventures.
Located in a desirable West Michigan community, this company is a cash flowing machine with a strong backlog already booked for 2025. These projects will provide immediate revenue for a new owner and act as a springboard for future growth.
The company prides itself on its creativity and quality workmanship while specializing in landscape design and construction. It also offers seasonal color services to help transform and add color to landscapes. Services include, but are not limited to, patios, firepits, outdoor kitchens, retaining walls, landscape bed installation, softscapes and drainage. The company has an outstanding website and social media presence that is a great lead generator for the business.
The purchase price of the business does not include real estate. However, the owner is providing an additional and unique opportunity that would include 10 acres, a beautiful home, a shop and outbuildings that offer a fully finished office and break room to run the business from. The acreage, home, shop and outbuildings can be purchased separately or with the business if the buyer desires. The Owner functions as the Operations Manager while his spouse acts as the Seasonal Color Specialist and Office Manager. Both are willing to stay on for a reasonable transition and training period.
In the past three years the business has experienced average annual revenues of over $ 900,000 and an impressive $ 450,000 in SDE.
All equipment is late model, in excellent condition and included in the sales price. The company has 7 long term employees who are trained, reliable, and non union.
With a favorable SDE multiple of 2.7x, the business is attractively priced at $ 1,136,000. The seller envisions an asset sale in which he retains cash and A/R while retiring all liabilities. For a qualified buyer, the seller will carry a meaningful note.
A typical deal for the purchase of the business looks great with $113,000 (10% of purchase price) buyer cash, a matching $113,000 seller note, and the balance financed by an SBA term loan. Total annual debt service will be approximately $144,000 which would result in an average post-debt service discretionary cash flow for the buyer of $276,000 annually in the past three years.
If you are searching for a successful cash-flowing company with a product in high demand that is also located in West Michigan, this business represents an exceptional opportunity.
