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Established Commercial And Residential Landscape Management Business In Michigan For Sale

Michigan, US
Asking Price:
Under $100K Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,435,779
Cash Flow:
$435,884

The company is a landscape management business located in Southwest Michigan with nearly 50 years of experience. The company has a strong focus on quality over quantity and has an excellent reputation in the region. The company offers services such as lawn maintenance, light landscaping, landscaping construction, irrigation installation, fertilization, snow removal, and holiday lighting installation.

The company has an experienced employee base with an average tenure greater than eight years. Its honest and quality work has led to a great reputation and long-term customers. Due to its reputation, there is often a waitlist of potential customers seeking to be part of the company’s customer base.

The company currently provides services to 1300+ customers in both the residential and commercial markets. On the residential side, the company services individual homeowners, apartment complexes, and condominiums. While on the commercial side, the Company services retailers, school systems, municipalities, industrial complexes, and food chains among others.

The company operates out of a facility that includes 13,900 total square feet (a 10,825-square-foot shop, 2,200-square-foot office space, and 875-square-foot retail space). The building is well maintained and in good condition. It is located on three mostly wooded parcels of land that total 9.5 acres. The owners are open to discussions regarding the sale or lease of the facility to new ownership, with a preference placed on lease opportunities.

The owner wishes to sell in order to spend more time with family, but is willing to provide reasonable and customary transition assistance to the new owner(s).

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview.

Property Information

Real Estate:

Real Property Included

Location:

Southwest Michigan

Premises Details:

13,900 square foot building consisting of a 10,825 square foot shop, a 2,200 square foot office space, and an 875 square foot retail shop located on three parcels with a total of 9.5-acres of land. The office space is original (constructed in 1996) while the shop space and retail space were retrofitted in 2001.

Business Operation

Expansion Potential:

Growth Opportunities Include:
(1) Grow Design and Construction Division: The Company currently provides some commercial and residential landscape design and construction services; however, growing this division could help grow profit margins. Design and construction services are more time consuming and expensive in nature, which leads them to often be more profitable services to perform.

(2) Focus on Obtaining Commercial Customers: The Company provides services to 1,325 customers, 76% of which are residential. The Company could focus on obtaining more commercial accounts to increase profit margins, accumulate long-term contracts, and obtain higher paying jobs.

(3) Execute an Aggressive Marketing Strategy: The Company currently does little in terms of marketing. It has a website and Facebook account but is not particularly active on either. The Company could benefit from implementing Search Engine Optimization (SEO) and Paid Ad strategies.

Competition / Market:

Investment Highlights Include:
(1) Waitlist of Potential Customers: The Company has experienced a great demand for services recently, and there is often a waitlist for customers to join the customer base. Due to the labor shortage, the Company has experienced a lack of employees to service these waitlisted customers. Once the labor pool opens up, the Company will have more customers to service.

(2) Strong Company Culture and Stable Existing Workforce: The Company's employees have an average tenure of over eight years. Employees enjoy their jobs and perform them well. The owner stresses being helpful to employees without attempting to perform their jobs for them. Overall, the Company culture is robust, and each employee focuses on quality work.

(3) Extensive Equipment Base: The Company operates its business with an extensive equipment base used for lawn maintenance, snow removal, and other functions. All equipment is well maintained and in very good condition. The equipment base includes 24 vehicles, 25 mowers, 15 plows, 18 trailers, and several pieces of machinery and equipment.

Reasons for selling:

Ownership would like to spend more time with family.

Employees:
25
Years established:
51

Other Information

Support & training:

Ownership is willing and able to provide reasonable and customary transition assistance.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Limited Seller-Financing Available for Qualified Buyers.

Furniture / Fixtures value:
$1,283,200 - included in the asking price
Inventory / Stock value:
$53,984 - included in the asking price