Essential Business: Austin Area Commercial Landscaping Company
Essential Business: Austin Area Commercial Landscaping Company
Price: $551,000
Location: Austin, TX
Industry: Other Services (except Public Administration)
Listing ID: 100543
DESCRIPTION
Profitable established commercial landscaping company available to be acquired due to the owner's planned retirement. This company has 15 properties with contracts in place, primarily with common area and single-family HOA managed properties. Due to the quality of the work and customer service, they have experienced very low client turnover.
Landscaping is considered an essential business and this business was not impacted by COVID-19.
They have great relationships with the HOA Management Companies and Property Boards that they work with and loyal clients. The owner is committed to ensuring this relationship transfers with the new owner. This would be an ideal acquisition for an existing commercial landscaping company, a residential landscaping company who wishes to diversify to HOA managed properties, or an individual looking to enter the landscaping business.
LISTING DETAILS
Total Sales: $468,367
Cash Flow: $194,486
FFE Included: Yes
FFE: $85,000
Reason For Sale:
The owner wishes to retire.
Training & Support:
The current owner is offering training and support during the transition period.
OPERATION
Year Established: 2004
LOCATION
Facilities Information:
Equipment is stored at the owner's residence and will need to be relocated.
SUMMARY
Potential Growth:
There are many opportunities for expansion and growth, including the following: Adding a website, optimizing Google My Business, advertising on vehicles, advertising online or in print, adding additional property management companies as clients, expanding geographical area, and providing other landscaping services such as less expensive "mow and go" services, residential landscaping services, and commercial landscaping services (retail & industrial).
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