Upscale Landscaping Business, Leader in the Luxury NYC Market
| Asking Price: | $750,000 |
| Gross Revenue: | $1,048,058 |
| Established Year: | 2006 |
| Cash Flow: | $298,462 |
| FF&E: | $28,600 |
Enjoy brand recognition and an unparalleled local reputation in the most desirable neighborhoods in New York City and Metro NJ. Clients are high-net-worth owners of luxury homes. The company has no competitors in the $50K to $80K (per project) budget niche and achieves great profitability due to its simplicity of service. The company’s signature landscapes can be installed quickly, easily, and with minimum supervision.
Urban clients are attracted to the company’s modern landscaping style, which combines elegance and practicality. Word-of-mouth referrals, local popularity, and online geographic targeting ensure a constant stream of quality sales leads. Demand exceeds capacity, and the owner is highly selective when accepting new work.
Generally, clients in exclusive neighborhoods will only work with established local companies. As proof of local work, the company built a portfolio of 150 local projects, ranging from new builds to historic brownstones. The portfolio showcases the quality of work and guarantees entry into this exclusive residential market.
The company is positioned for dramatic growth in both scope and scale. Demand can be increased in multiples through adding online advertising channels like Google Ads and Instagram. Current owner of retirement age is not tech savvy.
Reselling high-margin products (currently custom-made only) like garden furniture, garden structures, outdoor kitchens, etc. can become a new revenue stream. E-commerce reselling can be added to leverage website views.
Currently, the company has 3 crews, consisting of subcontractors (1099) and in-house. In addition, a loyal network of third-party service providers ensures labor availability.
Work is all year round, given that most of the work is hardscape that can be installed throughout NYC winters.
After nearly 20 years in business, the owner plans to retire fully or establish a partnership arrangement with reduced responsibilities.
The new owner will hit the ground running, armed with a catalog of customizable designs and a product/price list that can be easily converted into customer quotes. The vast portfolio of work will instantly establish the new owner as a local service provider.
This is an excellent opportunity to enter the market at the top!
