Lawn Care Company in Affluent Area – $115k in Monthly Recurring Revenue

General Business Information

Listing ID:

4110-00240

Listing Type:

Exclusive Right of Sale

Price:

$1,495,000

Down Payment:

$244,000

Category:

Lawn/Landscaping

Subcategory:

Lawn Biz Residential

County:

Orange

State/Prov:

Florida

Country:

United States

Sales:

$1,427,949

Description of Business

Family owned and operated since its inception, this lawn care business has been serving its respective area for 13+ years. The business is well optimized with an incredibly dense route of higher-end accounts (approximately 350), with a 90% / 10% split of Residential to Commercial. Monthly billings are approximately $115k, with invoices ranging from $125/mo - $1,625/mo.
This turn-key business has 22 Full-Time Employees that are well-trained, including a trusted and diligent Supervisor (which will help greatly with continuity). The staff roster has individuals with tenure ranging from 2-3 years- to employees that have been on staff for over a decade.
The shop is located within the heart of the route, and has a favorable lease with negotiable options. All equipment is very well maintained, the business has very clean books, and overall this is a fantastic opportunity for a full-time owner/operator, as an investment, or as a bolt-on to an existing business.

Listing Details

Location:

Central Florida

Hours of Operation:

Monday - Friday, 7:00am - 5:00pm

Years Established:

2008

Years Owned:

13

Employees FT:

22

Employees PT:

0

Managers:

1

Amount of Hours Owner Works:

50

Is Relocatable:

Yes

Is Home Based:

No

Is a Franchise:

No

Is Lender Pre Qualified:

Yes

May Qualify for a Visa:

Yes

Financial Information
INCOME PERIOD, Year
GROSS SALES

– Costs of Goods Sold

= Gross Profit

– Total Expenses

= Net Before Taxes
ADD BACKS

+ Owner(s) Salary

+ Benefits

+ Interest Expense

+ Depreciation

+ Other
TOTAL OWNER BENEFIT
2021
$1,427,949

$1,067,881

$360,068

$288,784

$71,284
$249,410

$38,736

$0

$0

$0
$359,430
2020
$1,328,147

$878,167

$449,980

$647,107

$-197,127
$509,047

$32,736

$0

$11,060

$0
$355,716
2019
$1,327,830

$869,670

$458,160

$421,202

$36,958
$213,316

$32,836

$0

$67,683

$0
$350,793
Assets Included in Sale

Accounts Receivable:

$115,000 Not Included

FF+E:

$200,000 Included

Inventory:

$0

Total Assets Included:

$200,000

Lease Information

Expiration Date:

2022-11-10

Square Footage:

600

Summary

Reason for Sale:

Discuss with the seller.

Training and Support:

Two weeks at no cost to buyer.

Non Compete:

Miles: 5 | Years: 3

Owner Qualifications:

Business Management Experience, Occupational License

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Carey Sobel

Carey Sobel
General Business Information

Listing ID: 4110-00240

Listing Type: Exclusive Right of Sale

Price: $1,495,000

Down Payment: $244,000

Category: Lawn/Landscaping

Subcategory: Lawn Biz Residential

County: Orange

State/Prov: Florida

Country: United States

Sales: $1,427,949

Description of Business

Family owned and operated since its inception, this lawn care business has been serving its respective area for 13+ years. The business is well optimized with an incredibly dense route of higher-end accounts (approximately 350), with a 90% / 10% split of Residential to Commercial. Monthly billings are approximately $115k, with invoices ranging from $125/mo - $1,625/mo.
This turn-key business has 22 Full-Time Employees that are well-trained, including a trusted and diligent Supervisor (which will help greatly with continuity). The staff roster has individuals with tenure ranging from 2-3 years- to employees that have been on staff for over a decade.
The shop is located within the heart of the route, and has a favorable lease with negotiable options. All equipment is very well maintained, the business has very clean books, and overall this is a fantastic opportunity for a full-time owner/operator, as an investment, or as a bolt-on to an existing business.

Listing Details

Location: Central Florida

Hours of Operation: Monday - Friday, 7:00am - 5:00pm

Years Established: 2008

Years Owned: 13

Employees FT: 22

Employees PT: 0

Managers: 1

Amount of Hours Owner Works: 50

Is Relocatable: Yes

Is Home Based: No

Is a Franchise: No

Is Lender Pre Qualified: Yes

May Qualify for a Visa: Yes

Financial Information
INCOME PERIOD, Year: 2021


GROSS SALES: $1,427,949

– Costs of Goods Sold: $1,067,881

= Gross Profit: $360,068

– Total Expenses: $288,784

= Net Before Taxes: $71,284



ADD BACKS

+ Owner(s) Salary: $249,410

+ Benefits: $38,736

+ Interest Expense: $0

+ Depreciation: $0

+ Other : $0



TOTAL OWNER BENEFIT: $359,430

INCOME PERIOD, Year: 2020


GROSS SALES: $1,328,147

– Costs of Goods Sold: $878,167

= Gross Profit: $449,980

– Total Expenses: $647,107

= Net Before Taxes: $-197,127



ADD BACKS

+ Owner(s) Salary: $509,047

+ Benefits: $32,736

+ Interest Expense: $0

+ Depreciation: $11,060

+ Other : $0



TOTAL OWNER BENEFIT: $355,716

INCOME PERIOD, Year: 2019


GROSS SALES: $1,327,830

– Costs of Goods Sold: $869,670

= Gross Profit: $458,160

– Total Expenses: $421,202

= Net Before Taxes: $36,958



ADD BACKS

+ Owner(s) Salary: $213,316

+ Benefits: $32,836

+ Interest Expense: $0

+ Depreciation: $67,683

+ Other : $0



TOTAL OWNER BENEFIT: $350,793

Assets Included in Sale

Inventory: $0

FF+E: $200,000 Included

Accounts Receivable: $115,000 Not Included

Total Assets Included: $200,000

Lease Information

Expiration Date: 2022-11-10

Square Footage: 600

Summary

Reason for Sale:

Discuss with the seller.

Training and Support:

Two weeks at no cost to buyer.

Non Compete: Miles: 5 | Years: 3

Owner Qualifications:

Business Management Experience, Occupational License