Established Commercial & HOA Grounds Maintenance Company
Business Description
The company delivers recurring grounds maintenance to commercial properties and homeowners associations across a dense Central Indiana route network — mowing, lawn care applications, mulching and bed maintenance, seasonal cleanups, and snow and ice management.
Approximately 90% of revenue is commercial and HOA, and 85–90% is recurring or contracted across roughly 95 accounts. Commercial agreements run two to three years with built-in annual price increases and fuel surcharges; in-season recurring revenue is about $100,000 per month.
The business has been profitable in every year of a 25-plus-year operating history and has never spent a dollar on advertising. Fleet and equipment are owned outright, debt-free, and convey at closing.
Investment Considerations:
• 85–90% of revenue recurring or contracted across ~95 accounts, on two- to three-year agreements carrying annual escalators and fuel surcharges
• Adjusted cash flow has run 40–55% of revenue over the past four years — 54% in 2025 — against an industry average profit margin near 7.9%
• No customer exceeds ~5% of revenue; the top 10 represent ~30%. Seventy accounts have been customers five years or longer
• Debt-free, owned fleet and equipment convey at closing — no loans, leases or UCC filings, and no equipment purchase required by the buyer
• Routes concentrated in four sections of a single metro, 5–10 minutes between stops; owner will provide a 3–6 month transition
Approximately 90% of revenue is commercial and HOA, and 85–90% is recurring or contracted across roughly 95 accounts. Commercial agreements run two to three years with built-in annual price increases and fuel surcharges; in-season recurring revenue is about $100,000 per month.
The business has been profitable in every year of a 25-plus-year operating history and has never spent a dollar on advertising. Fleet and equipment are owned outright, debt-free, and convey at closing.
Investment Considerations:
• 85–90% of revenue recurring or contracted across ~95 accounts, on two- to three-year agreements carrying annual escalators and fuel surcharges
• Adjusted cash flow has run 40–55% of revenue over the past four years — 54% in 2025 — against an industry average profit margin near 7.9%
• No customer exceeds ~5% of revenue; the top 10 represent ~30%. Seventy accounts have been customers five years or longer
• Debt-free, owned fleet and equipment convey at closing — no loans, leases or UCC filings, and no equipment purchase required by the buyer
• Routes concentrated in four sections of a single metro, 5–10 minutes between stops; owner will provide a 3–6 month transition
About the Business
- Years in Operation
- 26
- Employees
- 5 Full-time
Normally runs with 4-5 employees put in peak season it's 8-10 employees - Currently Relocatable
- Yes
- Facilities & Assets
- Facility is leased.
- Opportunities for Growth
- • Labor is the only stated constraint on growth: management estimates the existing operation supports $1.1–$1.4M of revenue with added crews and no facility investment
• Snow and ice work — one of the two highest-margin lines — is regularly turned away for lack of crew and equipment
• Irrigation and tree work are subcontracted (~$60K of revenue at
• $20–$30K of cost); brought in-house, irrigation alone could represent $50–$65K
• No lead-generating website and zero advertising spend; a digital presence and structured sales process would add a scalable channel alongside referral
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller is willing to train and transition a new owner for a mutually agreed upon time immediately following closing.
Listing Info
- ID
- 2546581
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2546581 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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