Landscaping Business For Sale in New_jersey

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Highly Profitable Irrigation Company

Location:New Jersey

Category:Landscaping

Asking Price:$ 930,000

  • Sales revenue : $930,000
  • Net profit : $300,000
  • Furniture/Fixtures value : $190,000
  • Inventory/Stock value : $40,000
  • Highly Profitable Irrigation Company

Business description

This well-known Lawn Sprinkler Services Company has provided expert irrigation solutions, product installation, and contractual maintenance services to an impressive roster of North New Jersey accounts for over 25 years. The Company has experienced significant revenue growth and enjoys high operating margins with documented profitability. The seller’s 1,000 SF leased facility and secure yard is in a prime location with very attractive/flexible lease terms.

The Company enjoys a competitive advantage by leveraging a distinct “niche expertise and product mix” to provide its diverse client base with exceptional customer service and fair pricing – stability and growth have been the result. This is a turnkey operation with experienced management and dedicated technicians in place. It is projected that a new owner will obtain compelling additional growth by expanding the direct sales efforts (to additional commercial and residential targets) with a minimal personnel investment of $100k to $150k per year. The company projects an accelerated revenue growth rate under such premise of 25% to 35% per year.

The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 3.8x EBITDA (FY 2022). A full valuation report is included in the prospectus. There is zero debt to be assumed and the deal includes $40k in net working capital plus $190,000 in fixed assets. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain more than $165k benefit in after-acquisition-debt cash flow or over 90% ROI in Year #1.

A comfortable six-months transition period will be provided by an owner who truly wants to continue to see the business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.

(ALL DATA BASED ON SIGNED TAX RETURNS)

Other Information

  • Years Established: 25+
  • Employees: 10+
  • Reason For Selling: Retirement – Consulting Available
A Neumann & Associates, Llc
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