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Agent Profile

Agent: Rose Stabler

Main Office: 713-680-1200

Direct Line:

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Listing Profile

Landscaping Company in NW Houston For Sale - SBA Financeable - Property for Sale or Lease

Listing #: 8118

Houston

Listing Profile
Business Classification:
Service Business
Business Purchase Price:
$900,000
Working Capital:
$0
Real Estate Price:
$490,000
Total Purchase Investment:
$900,000
Down Payment Required:
$95,600
Gross Revenue:
$1,774,640
Discretionary Earnings:
$384,123
Imputed Rent:
$0
Total Cash Flow:
$0
Description and Operations
Business Description:

Established for over 30 years, this commercial and residential landscape/irrigation company services customers in Houston and surrounding counties. The company has maintained an A+ rating from the Better Business Bureau and is endorsed on a top radio program in Houston. The company provides design, installation, and maintenance of custom landscapes, irrigation systems, outdoor lighting and drainage systems. Revenues come from Landscaping-69%, Irrigation-20%, and Lawn Maintenance-11%. Approx. 20% of total revenue is recurring. New customers come from Advertising-47%, Referrals-33%, Website-10%, Social Media-10%. Marketing sources are radio, internet, Angie’s list and logos on company vehicles. Radio and word-of-mouth generate the most revenue. The company has 18 FT employees with tenure from 2 years to 30 years, 4 Landscape Foreman, 2 Maintenance Foreman, 10 crew members, one Office Manager, one Landscape Designer & a PT cleaning person. One of the current owners overseas design & bidding. The other owner does the payroll, accounts payable/receivables and works about 20hrs/week. The property is on a semi-rural 2.25 acres accessible by private street. It has a remodeled trailer used as an office and 3 outbuildings to store equipment and material. The buyer can either lease the property or purchase it for an additional $490,000. Solid base to grow the business by adding services. This is a complete package you have been waiting to find!

Business Established Date:
1988
Reason for Sale:
Retirement
Full Time Employees:
19
Part Time Employees:
1
Facility Type:
Remodeled office trailer on 2.25 acres of land w/3 storage outbuildings
Monthly Rent
$4,083
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