Successful Landscape Maintenance Company with Seller Financing
Salt Lake City, Utah (Salt Lake County)
Building and Const. Services - Construction Sub-Contractors
Seller Financing Available
Asking Price:   $346,000Inventory:   
Gross Revenue:   $404,768 (comments below)Real Estate:   n/a
Cash Flow:   $127,862 (comments below)FF&E:   $26,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: 2008 Profit and Loss
Cash Flow Comments: Adjusted Operating Income (A.O.I.)
Mainly Large Commericial accounts. Maintenance only i.e.: Lawn care, flowers, etc.. Many drive by, see the beauty of the work, and go into the accounts to ask who does their work. 5-6 Employees during the season. Snow removal during winter for some of the accounts. 2 trucks plus one 2007 dump truck. Seller financing and training. One main sprinkler guy desires to stay with company. Cash benefits. Salt Lake and Davis Counties. Warehouse facility with office rented. 34 accounts. Seller averages 30 hours per week overseeing the operation in between his mountain biking, hiking, skiing and travel. Business is price at a modest 2.7 times Adjusted Operating Income (A.O.I.). A.O.I. is "money to an owner/operator for personal benefits and debt service".
About the Business
Year Established:1995
Employees:6 full time -
Facilities:Currently in warehouse with office.
Market Outlook and Competition:Company has good reputation for quality and prompt work. Many of the 34 accounts have been with the business for years. Many of the account s are large and have multiple bulidings.
About the Sale
Reason For Selling:Relocate to British Columbia
Seller Financing:Yes, with $176,000 down balance of $170,000 payable to Seller at $2062,57 for 120 months including 8% interest.

KEYWORDS: landscape, landscape maintenance, lawn, lawn service, extermination, snow removal, service, construction, utah, salt lake city,


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Business Listed By
David Keith  |  David Keith and Associates
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