Commercial Landscape Construction Company -- Greater Houston

Listing: # 8269
Price: $ 500,000
Location: West Houston
Listing Profile
Classification: |
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Purchase Price: | $500,000 |
Real Estate Price: | $0 |
Working Capital: | $0 |
Total Investment: | $500,000 |
Down Payment Required: | $500,000 |
Gross Revenue: | $866,241 |
Discretionary Earnings: | $201030 |
Imputed Rent: | $0 |
Total Cash Flow: | $0 |
Description and Operations
Established Date: | 1993 |
Monthly Rent: | $0 |
Reason for Sale: | Retirement. |
Employees(Full): | 13 |
Employees(P/T): | 0 |
Reason for Sale:
Retirement.
Description:
The owner of this commercial landscape construction company is motivated to sell his profitable business quickly because of failing health and is seeking an all-cash, non-negotiable price of $500k.The company designs and executes new commercial projects by installing the appropriate irrigation and watering systems, blast hydro mulching new grass and placing plants and trees per spec. The successful buyer steps into a smoothly operating company that is working through a pipeline worth $1.2 million of firm, awarded contracts. The impressive equipment list includes: Romco Finn T75 Trailer Mounted Hydro Seeder, 3 trenchers, a Bob Cat and 5 trucks. The value proposition is very clear and compelling – for a $500k purchase price you get $1.2 million in firm, contracted work that will be completed over the next few months at 35% margin which equals $420K of gross profit plus you get equipment valued at $225K plus all the future work the company will obtain.