Tampa Bay Area Landscape and Design

Business Description

A 27-year-old licensed and insured landscaping company and a 13-year-old irrigation company are for sale. The companies offer residential and commercial landscape design and irrigation, landscape maintenance, and landscape sales and installation services. National builders are the typical client, and the company has contracts with several different builders. As a result, it is normal for eight or nine developments to go simultaneously. The irrigation company makes up approximately two-thirds of the total revenue. The average revenue per house is $1,500-$3,500, and landscaping with irrigation is the best-selling service making around 90% of overall revenue. Revenue for 2022 is estimated to be around $3.1M.

The businesses operate with 12 employees in total, including 3 supervisors, who are expected to stay with the company. Additionally, the owner will allow the buyer to use his irrigation license until the buyer can get their license. The owner doesn’t use traditional marketing to find new clients and has never used paid advertising. All business growth has been word-of-mouth and ensuring he’s available to bid on new developments with national home builders. To grow the business, the new owner can use paid advertising along with growing the maintenance area and offering services in the retail sector.

Financial Overview

Asking Price: $2,800,000

Revenue: $3,414,573

Income: $904,235

Multiple: 3.09x

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