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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
Total Assets Included:
$200,000
Lease Information
Monthly Rent:
$600
Expiration Date:
2024-12-31
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
Financing Summary:
SBA Lending through Lynne Singletary with 44 Business Capital. (407) 731-9555 | lsingletary@44businesscapital.com Working Capital:$75,000 | Loan Fees: $28,000 | Closing Costs: $28,000 | Loan/Other: $1,382,000 | Months: 120 | Rate: 5.75% : $15,170.11
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
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
FF+E: $200,000 Included
Accounts Receivable: $115,000 Not Included
Total Assets Included: $200,000
Lease Information
Monthly Rent: $600
Expiration Date: 2024-12-31
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
Financing Summary: SBA Lending through Lynne Singletary with 44 Business Capital. (407) 731-9555 | lsingletary@44businesscapital.com Working Capital:$75,000 | Loan Fees: $28,000 | Closing Costs: $28,000 | Loan/Other: $1,382,000 | Months: 120 | Rate: 5.75% : $15,170.11
LISTING BROKER