HS Listing ID-70888
Industry: Landscaping / Grounds Maintenance
Structure: Sole proprietor (Schedule C)
Asking Price: $220,000 (~2.1x SDE)
Real Estate: Not included — mobile operation
Reason for Sale: Seller pursuing separate business interests
FINANCIALS (IRS VERIFIED)
2023 Revenue: $115,588
2024 Revenue: $125,827
2024 Net Profit: $92,499
2024 Adjusted SDE: $105,568
2-Year Avg SDE: ~$104,700
Net Margin: 73%+
Revenue Growth: +8.9% year-over-year
OPERATIONS
Owner works ~2 hours/month — submits invoices remotely. Essentially absentee.
1 crew leader (1099) manages all field operations. Paid 50% of gross.
Crew leader hires and manages his own helpers — seller not involved.
CLIENTS
Client 1: Property management company — ~40 single family rental properties, serviced bi-weekly. Pays via ACH. No written contract.
Client 2: Nursing home company — 2 locations, serviced weekly. Pays via mailed check. Under written contract.
SERVICES
Core: Mowing, weed whacking, edging, blowing
As-needed: Mulching, tree felling, trimming, weeding, sod installation
EQUIPMENT INCLUDED
2015 Ram 1500 — 120K miles — $13,000
2024 Enclosed trailer (6×10) — $5,000
John Deere ZM530 52″ zero turn — $6,000
Total: ~$24,000
SELLER FINANCING
Open to it — minimum 50% down, price adjustment expected
SBA 7(a) recommended for buyers needing financing
DUE DILIGENCE NOTES
Property mgmt client has no written contract — buyer to request formal agreement at close
Crew leader continuity post-sale to be confirmed by buyer
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
