Well-Established Lawn Service with Customer Recurrence! (17899)

Oakland County, MI

Seller Financing Available

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Asking Price:$899,000
Gross Revenue:$1,871,142
EBITDA:$187,000
Established Year:1980
Cash Flow:$241,408
Inventory:$40,000
FF&E:$350,000
BUSINESS DESCRIPTION

Listing is prequalified for financing at full asking price by a preferred lender! Located in Oakland County of Michigan, agricultural services provided include landscape design, treatments and construction projects as well as maintenance services such as lawn mowing, spraying, fertilization and snow removal to Residential and Commercial clientele. Benefited by high customer ratings, commands over the industry, and over four decades of ongoing reputations, the company also offers seasonal lawn cleanups, installations, and mulching to a few cities within a ten-mile radius. Currently over 400 clients bring about $650K in recurring sales, as Revenues for 2022 reached $1,910,886 and $1,871,142 for 2023 with $251,100 Discretionary Earnings! The prime shop-based facility totaling 6,000 square feet includes 1,200-sq.ft. of office room and a repair shop of 4,800-sq.ft. The outside space features more than an acre of bulk storage used for landscape materials, an irrigated nursery, quality shade houses, and covered warehouse spacing where salt is kept for winter contracts. The leased property is found in excellent condition and zoned to handle additional capacities. Experienced personnel of twenty, full-time and cross-trained nonunion employees are most likely to remain post-purchase and continue streamlined operations after a standard owner’s transitioning of up to twelve months. With Seller turning incoming jobs away to keep business and laboring small, ideal growth opportunities exist with an added salesperson focusing on lawn maintenance, to maximize revenues and further expansion strategies. Besides the website presence and digital marketing through Angie’s List, Home Advisor, and some print media, most promotion relies on verbal referrals from their large repeating clientele & networking tactics.


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property measuring 6,000+/- is Leased.
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Cross-trained team to stay for continued streamlining after a standard Owner's Transition up to 12 months.
Reason for Selling
Approaching retirement.
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Jason
Hullender
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Jason Hullender