Landscape Contractor - SW Suburbs - Pre-Approved
Location: Illinois > SW Suburbs
Industry: Building and Const. Services > Other Services
Financials
Asking Price: $725,000
Gross Revenue: $1,389,000
Cash Flow: $270,000
Cash Flow Comments: Seller
FF&E: $260,000 (Included in Asking Price)
Real Estate: $1,250,000 (Not Included in Asking Price)
Seller Financing: Possibly.
Business Summary
A high-end, residential landscape installation and brick paving company. Landscaping accounts for approximately 60% of the gross sales and bring paving for the remaining 40%. The business provides landscape contracting to residents primarily within a 10-mile radius of its office location in the SW Suburbs. This includes a number of the fastest-growing suburbs in the Chicago metro area with the standard demographic being married, white-collar homeowners with an annual family income greater than $100,000 and a median home value of $500,000 or more. Landscape contracting differs from standard landscape maintenance in that it is not the low-margin grass mowing and associated functions (aerating, seeding, leaf blowing, etc). Instead, the services include the construction of retaining walls and seatwalls, patios, steps, driveways, walkways, grill pits and fire pits, planting of trees and shrubs, construction of berms, and general landscape architecture. The business has been in operation since 1994. Gross sales for 2007 were at $1.3 million. The company is doing consistenyl well in this economy. The company has a very good reputation in the industry for its brick paving. Their referral base is steadily increasing as a result. All key employees have been with the business since its inception and will continue to stay with the business. The customer base consists of people who have recently bought newly-constructed homes that are sitting on a dirt lot that requires landscape architecture, people who have recently moved into an existing home and would like to re-landscape the surrounding lot, or people who have been living in their home for a while and who are looking to enhance the value of their homes by enhancing the aesthetics of the surrounding lot.

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About the Business
Year Established: 1994
Employees: 13 full time -
Relocatable: Yes
Facilities: All that's required is a small office and a place to store all of the equipment. A new owner can take over the existing office and storage area or relocate this to some other.
Market Outlook and Competition: Rated one of the fastest growing residential areas in the country. The market is hot. Gross sales to date for 2008 are exceeding 2007.
About the Sale
Management Training and Support: Seller willing to provide training.
Reason For Selling: Other interests.

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Listing Tools
BizQuest ID:794858
Seller ID:407365001
Business Listed By
Ed Kozak  |  VR Business Brokers
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