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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Lawn Maintenance & Snow Removal Co. Nets $200k
(Services, Landscaping and Construction )
Rockland County , NY
Listed Price: $ 395,000
Listing ID: SVS376

Listing DetailsGross Revenue: $ 602,339
Cash Flow: $ 222,760
FFE: $ 195,000 (Included in Price)
Reason for Sale:

The owner is retiring from the industry and relocating to Florida.


Training & Support:

The owner will remain post-closing for 60 days and supply a transitional period.


OperationsYear Established: 2000
Non-owner Payroll: $ 6,800
Employees: 8
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 2000
Monthly Rent: $ 2,000
Square Footage: 2000
Facilities:

The business is conveniently located off an active county road in southern New York state in Rockland County. The facility consists of 2,000 square feet with an office and a large warehouse storage area for vehicle storage and maintenance. The facility also has various work and storage areas and a large outdoor parking area. The business services primarily Rockland county in Northern New Jersey which consists of various affluent communities with continued demand for this service.


SummaryBusiness Description:

Highly profitable business opportunity for commercial maintenance company supplying snow removal, landscaping and basic repair services in the Rockland County, New York area. This company supplies various outside services to its residential and commercial clients and has an excellent reputation in the industry. The 2017 gross income was $602,339 and the company can evidence a yearly net income of $222,760 to the owner operator. The company offers a wide selection of landscaping services, masonry construction, landscape lighting and installation, snow plowing, servicing both residential and commercial clients. The business is active yearly with snow removal during the winters and various types of lawn maintenance during the warm weather. The business has had a consistent income during its many years of operation. The sale includes all the required vehicles & equipment to conduct business which represents a substantial value. The business facility consists of a commercial office, with a 2,000-square foot garage for storage and appropriate commercial parking. The company has long term relationships with commercial company’s including malls to supply various yearly services. This is a solid business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a consistent investment return to the owner operator. The company has been building a reputation for providing exceptional service and beautiful landscapes. The company continues to expand its fleet of vehicles and equipment, as well as its staff. The company’s constant growth has been achieved by offering a wide range of services. The company has long-term client relationships, by providing superior service using highly motivated employees and they pride themselves with excellent service. This active service business has six to twelve independent employees based on the season, who are unaware of the pending sale, and fully expected to remain post-closing, monthly payroll $6,800. The sale will include a new commercial lease to expire 2018-01-01 plus additional options, with a monthly rent of $2,000 and rent security $2,000. Cost per square foot is approximately $12.00.The business is active six days per week, with hours from 8:00 am to 4:00 pm, however during the winter months the hours are based on the weather conditions. The price has been set at $395,000 based on a multiple of the net yearly income which includes the value of the assets of approximately $200,000, owner and bank financing is available to a qualified buyer. Please do not disturb business, this sale is confidential, all viewings are by appointment only and photo may not represent this particular business.


Competition:

Due to the nature of the industry competitors are independently located throughout the state and owner has agreed to supply a non-compete agreement to the purchaser.


Potential Growth:

With an improved marketing plane and appropriate web site this company can further increase its gross yearly income.


Financing/Terms:

Is available to a qualified buyer with an appropriate down payment.