For sale is an incredible lawn care and landscape business based in Middleton, Ohio; it serves Cincinnati, Dayton, and Northern Kentucky industrial, commercial, and residential neighborhoods.
This business was established and maintained by a single owner since 1988. This business has grown from a lawn mowing service provided by only two individuals to a company with nearly 40 full-time employees who provide services in grounds maintenance, landscape, hardscape design and implementation, and specialty deals for tree trimming, tree removal and stump grinding, drainage solutions, deck installations, and privacy fence installations. During winter months, where an average two feet of snow can fall and wreak havoc on roads and driveways, this business offers snow removal services with a handful of workers kept on hand for these seasonal jobs. Although business blooms from spring through late autumn, landscaping work does drop off in the winter. As a result, most employees are given unpaid “time-off” for three months and brought back onboard when contracts are renewed and work increases. About 90 percent of the business comes from commercial contracts with industries, condos and apartment complexes. Residential brings in about 10 percent of the business. Snow removal work can bring in $1 to $1.2 million within a few months. This business could use a modernization overhaul in terms of billing, updating the website, using SEO strategies, and bringing computer usage up-to-date. However, business is steady and growing despite those issues, and the new owner can easily take this company to the next level.
ASSETS INCLUDED IN THE SALE
- Domain Asset
- All Equipment
- Existing Contracts
Gross Income: $3,017,963
Adjusted Net Income: $1,117,438
Asking Price: $2,300,000