Residential Landscaping Company SC2020

390

This family-owned residential landscaping company was established in 2001 and has been successfully operating and growing in Northern California for almost 20 years.  The foundation of this company has been focusing on giving their clients exactly what they are searching for in their extended living spaces.  Not only do they provide custom design and installation, but have an ongoing service offering for maintenance and upkeep after the project is completed.  This company has grown at a pace to ensure quality standards are kep while providng an intimate experience for their clients.

With Coronavirus, business has not slowed at all and has never been better.  Through May 2020, they are up over 25% year over year and are on pace to do their highest revenue numbers yet by 20%.  Their current backlog extends all the way until May 2021!

Competition:

There are competitors in the market, but due to the highly specialized service that this company provides coupled with their name reputation in the markets they serve, they don't really lose business to competitors as most all of their work is negotiated directly with homeowners.

Growth Potential:

This company is also the landscape company of choice for several large developments in Northern California, and tend to keep a backlog of projects about 6-9 months out, which for a prospective Buyer they would be able to scale and grow this business easily based on the reputation that this company possesses. They currently do NO marketing, with all business being obtained only via word of mouth and website presence. They routinely turn down business that could easily be taken if additional crew members are added. About 50% of clients become maintenance clients. By adding a crew, rapidly expanding marketing and adding additional maintenance services, the Buyer could rapidly grow top line revenue and profitability of this company.

Training/Support:

The Sellers are willing to train the buyers for 3 months up to 6 months at a nominal cost to the Buyer, to allow for introduction to new clients and also the communities of clients they have served.

Seller Financing:

Seller's are willing to finance 25% of purchase price at 6% interest over a 36 month period

Sale Reason:

The owners are selling as they are getting older and want to preserve their health to pursue other