Year- Round Lawn, Landscape Maint. & Snow Removal Co.

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TYPE OF BUSINESS: Year- round lawn, landscape maintenance and snow removal company has been serving the south metro for over 17 years. The company offers full-service landscaping, spring and fall clean up, fertilizing & weed control, aeration, irrigation start up, blow-out & repair, mulch services, snow removal, de-icing, shoveling and salting sidewalks. Seller works approximately 40 hours per week during the summer months and depending on the amount of snow he can work anywhere from 10 to 25 hours per week in the winter months. Seller is licensed to spray for weeds and fertilize (this can be sub out if preferred) and will offer more training on the irrigation systems.
They are well known for their customer service and attention to detail. There are primarily commercial accounts including retail and home-owners association, warehouses, hotels etc. Owner said he could have tripled the accounts this year but did not have the capacity to take on more accounts. All customers have contracts in place with a very high rate of renewal year after year. Seller operates the business by himself with one part-time employee during the summer months and up to 8 employees for the winter season.
FACILITY: The business operates from a rented space. Rent is $615.00 per month.
GROSS SALES: 2017- $185,000; 2016-$173,000; 2015-$163,000. The cash flow for 2017 was approx. -$117,628
SALES PRICE: The seller is asking $334,000 for the business which includes equipment approx. value- $176,000. Inventory is approx. $1,000 this is not included in price.
REASON FOR SALE: Other Opportunities.