Year-over-year Q1 sales are up 33%, and net sales are up 317% for this 30-year-old Landscape Contractor Board-licensed design, installation, and maintenance business. Organized routed monthly maintenance contracts, a crew of 12 FTE and 6 PTE, all equipment, a fleet of vehicles, and a long-established customer list are included. The first quarter is usually the slowest, so this business is tracking to gross over $1.6 million and probably net close to $330,000, thereby shrinking the SDE multiple considerably.
A perfect bolt-on acquisition for a strategic buyer to add market share and workers or for a new graduate in botany or horticulture to take over an established brand with expert training.