Saturday, June 24, 2017

Lawn Irrigation Company “Well Established”
(Lawn & Garden related, Landscape Services)

Columbus - Ohio, Franklin

Seller Financing: No
Lender Pre-Qualified:
Listing ID: 82287
Office ID:
Status: Active

Listing Details

Listed Price: $159,900
Down Payment:
Total Sales: $283,651
SDE: $75,643
EBIT:
EBITDA:
FFE: Included?
Real Estate: Included?
Inventory: $10,000 Included? No
A/R: Included?
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Contact Information
Frank Nunziata
Jim Tharp Realty
Columbus 43235
Cell: 614 325-6206
Fax: 614 431-6450
Office: 740 965-1981
Email: rhifan@yahoo.com
www.jimtharprealty.com
Send Email To Agent
Reason for Sale: Retirement. The seller has owned the company for 33 years and plans to retire.
Training: Owner will provide transition training and support to ensure a smooth transition.
Financing Terms: Possible small amount of short term seller financing to a qualified buyer.

Operations

Year Established: 1983
Last Acquired: 1983
Form of Ownership: C Corporation
Home Based: No
Relocatable: Yes
Type of Location: Stand-alone
Absentee Owner: No
Online:
Employees: Full Time: 5 / Part Time:
Managers:
Hours: Monday - Friday 7 am - 4:00 pm Sat & Sunday Closed.
Owner Hours:
Non-Owner Payroll:
Franchise Info: Independent not a franchise.

Location

Lease Expire:
Option:
Lease Terms: Seller Owns the building lease Term is Negotiable.
Lease Security:
Monthly Rent:
Square Footage: 6104
Facilities: Seller owns the 6,104 sq ft building which consists of Office , Warehouse, Workshop, and Garage space. The Garage is large enough to run multiple crews and store Trucks and Equipment. Perfect location for an Existing Lawn Care Company that is looking to add Irrigation Service to their lawn care business.

Summary

Business Description: Well established lawn sprinkler service and Installation Company. For 33 years this company has provided superior service to its 509 Active accounts located within central Ohio’s Franklin, Delaware, Madison, and Licking counties mostly in affluent areas. The company has established an excellent reputation for quality, service, and integrity which has led to Long Term customer relationships.

The company primarily generates its revenue from High Margin service & repair, and the design and expansion of existing systems for both residential and commercial customers. Actual revenue is split 90% residential and 10% commercial with the vast majority of customers being serviced on a long term basis. The company employs service technicians that have years of experience as well as an office employee that handles the phone and scheduling.

The sale includes an abundance of equipment and tools of the trade. All service trucks and vans have the company logo and are very clean and well maintained.

The company has an effective Direct Mail marketing program in place which generates new business prior to and during the season. The company also maintains an effective Company website and has continually received outstanding reviews on Angie’s List and with the Better Business Bureau.

This is a seasonal business (Only Nine Months) with March through November being the typical season. This is a 33 Year Old Established turnkey operation with fantastic equipment. The business has excellent customer retention with Consistent Sales and Cash Flow with a great potential for future growth.

Work Only Nine Months per Year and make Over $75,000 in profit!!!!

Great opportunity for an existing Landscape Service company that is looking to expand their company by offering irrigation services to their existing customer base.

The seller will provide adequate training and support to ensure a smooth transition.


Historical Summary: Same Owner for 33 years. Very consistent Sales, Cash Flow, and Customer Base. Most customers have been with the company for many years.
Owner Qualifications: Able to manage people and have a mechanical aptitude.
This Company is Very Established with a very strong market share and presence in the Columbus Ohio market. Competition is fractured and limited.
New owner can easily expand the business with renewed focus on New System installation.
Competition: This Company is Very Established with a very strong market share and presence in the Columbus Ohio market. Competition is fractured and limited.
Potential Growth: New owner can easily expand the business with renewed focus on New System installation.

 

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