Listing Title: Quality Turnkey Lawn Care Business
Location: Southeast Michigan
Industry: Landscaping and Yard Services
Listing ID: MI042922
Listing Status: Under Contract
This turnkey, well established lawn care service has been in business for over 40 years with present owner taking over in 2018. Highly successful business offers their customers weekly lawn care, landscaping services, mulch installations, shrub trimming as well as spring and fall clean ups. There are over 500 active client accounts, mostly residential clientele with 10% commercial accounts in 2021. Majority of weekly lawn maintenance accounts are located within 1 mile radius, making it a very efficient operation.
The owner is spending approximately half of his time in the field, mostly supporting landscaping jobs and the rest in the office with responsibilities consisting of overseeing the operations, purchasing, estimating and accounting functions. Additionally, there are 5 well trained, dedicated employees with long term company tenure.
The business enjoys its loyal customer base through its reputation of exceptional customer service and quality work. This is an excellent opportunity with everything in place including established reputation, pricing, customers, website, equipment and cash flow!
This business would be an excellent acquisition for another lawn maintenance contractor or someone looking to step into well-established turnkey operation. The owner would like to see the business succeed and is happy to stay on board for a negotiated period to familiarize the buyer with all aspects of the business. The business is attractively offered at below 2.2 x SDE with plenty of room to grow and excellent probability of financing the deal through SBA with only 20% down.
Total Sales: $336,322
Cash Flow: $146,703