Lawn and Landscape Maintenance

Listing #: 90407074

Asking Price: $399,000

Owner Benefit: $81,357

CIBB Exclusives
Sarasota County

LAWN and LANDSCAPE MAINTENANCE COMPANY with recurring contracts to service some of the finest condo and HOAs in Sarasota County. Company staffs (26) employees with seasonal help as needed to service (35) CONTRACT ACCOUNTS with recurring monthly gross billing of $99,051, on average. LOW CUSTOMER CONCENTRATION, avg. < 4%. The maintenance contracts are a mix of mowing and pruning only and combination of mowing, pruning, pest, weed control and irrigation maintenance. Pest control and irrigation are subcontracted which presents cost saving opportunities for an industry buyer with staff in place. Company has Field Manager on staff and full time mechanic, which again, could be significant cost saving opportunity for industry buyer with such staff in place. Current premises lease is approx. $43,000 per year and can be moved to already established location. The seller enjoys a flexible schedule, assuming duties of estimating and customer liaison. Company uses employee leasing company for payroll and workers comp at a higher cost than industry average. Plenty room for expansion. SBA Lender Pre-Qualified with $45,000 Down. Terms are Approximate. SBA fee waived through Sept 2021 – a savings of over $10,000!

 

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