Established $1Mill + Landscaping Company
Lake Stevens, Washington
| Asking Price: |
Gross: |
Cash Flow: |
| $350,000 |
$1,098,013 |
$246,600 |
Furniture and Fixtures Value:
$50,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Since 1993, this iconic landscaping company has been creating award winning landscapes for customers in Seattle, Greater King County, and the Greater E-Side (Bellevue, Kirkland, Redmond, and Issaquah). The business uses a practical and tested three step approach to each project – Landscaping Consultation, followed by a Landscaping Design, and finishes with the Landscaping Installation. This simple, practical, and proven method has created a multi-million dollar company. The company only focuses on residential projects. Since the beginning in 1993, the company has done virtually no advertising and has grown by word of mouth and referrals. The company is busy the entire year. About 5% of its business is maintenance. This is a home based business that rents a storage facility for its equipment and vehicles. There are a 2006 Chevy Cube Van 117K Miles, a 2016 Dingo Tractor and Trailer Brand New, and attachments and a 2007 Dodge 1500 Pickup 74K Miles. The owners primarily do consultation, design, and supervision. There are 4 landscape installers and 2 carpentry employees along with an office manager. The new owner could easily increase the revenues with some easy and quick alterations – upgrading the website, adding Facebook and other social media platforms, expanding the geographical area from primarily King County to include Snohomish County, and generally promoting the business more in all the communities (such as leaving door hangers on the neighbors doors after finishing a job in an area). The new owner may also want to increase the maintenance side (currently at about 5% of the total income) of the business thus increasing the monthly cash flow throughout the year and providing a stronger base of guaranteed income. The company could also venture out to the commercial side of landscaping thus diversifying its income streams. This is a totally turnkey business. The current seller’s are retiring. The Seller is offering Seller terms with 50% down, a 3 year term, at 6% interest.
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| Year
Business was Established: 1993 |
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| Number of Employees:
5 FT/ 2 PT |
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| Facilities / Terms of Lease:
This is a home based business. This creates low overhead and no brick and mortar. The Seller does rent a space to store the vehicles and equipment that runs about $2,800 per month. |
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| Potential
Growth/Expansion:
The new owner could easily increase the revenues with some easy and quick alterations – upgrading the website, adding Facebook and other social media platforms, expanding the geographical area from primarily King County to include Snohomish County, and generally promoting the business more in all the communities (such as leaving door hangers on the neighbors doors after finishing a job in an area). The new owner may also want to increase the maintenance side (currently at about 5% of the total income) of the business thus increasing the monthly cash flow throughout the year and providing a stronger base of guaranteed income. The company could also venture out to the commercial side of landscaping thus diversifying its income streams. |
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| Competition:
This business has been well established since 1993 and has a sterling reputation and a loyal customer base. It is a totally turnkey operation. It is an award winning landscaping company that is sought after by those in the know. |
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| Owner
willing to finance:
Cash, Bank Financing or Seller terms with 50% down, a 3 year term, at 6% interest. |
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willing to train:
The sellers will provide onsite training on the day to day operation of the business, the bidding process |
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| Reason for selling:
The Sellers are retiring. |
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| This business is Home Based.
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| REQUEST MORE INFO |
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