• Offered at

    $1,500,000

    Offered at

  • Revenue

    $2,307,959

    Revenue

  • Discretionary Earnings

    $658,581

    Discretionary Earnings

  • Down Payment

    $155,760

    Down Payment

This award-winning San Luis Obispo County-based design-build landscape company established in 2005 creates exceptional outdoor experiences for the most discerning homeowners.  Typical design-build projects range from $10K – $350K+.

The company had $1.8 million in sales in 2021 with $578,668 Discretionary Earnings and is on track for $2.3 million in sales in 2022 with $685,581 Discretionary Earnings. Offered at $1,500,000, the company has an exceptionally strong team of 12 professional knowledgeable employees with over 30 years of combined experience.

The seller has built a business that is scalable and has excellent infrastructure, books and records.

The business has been pre-approved by SBA lenders for qualified buyers with 10-year financing and a down payment including most closing costs of $155,760

Although there is demand for maintenance work the company has not yet developed this service and has chosen to focus exclusively on design and build projects.  There is a significant opportunity to add maintenance services to the company’s service offerings.

Summary:

  • $1,865,938, 2021 Gross Sales
  • $578,668 2021 Discretionary Earnings
  • $2,307,959 2022 Projected Gross Sales
  • $685,581 Projected Discretionary Earnings
  • Business offered at $1,500,000
  • $155,760 down payment with SBA financing
  • Licensed C-27 Landscape Contractor, Seller will RMO for Buyer

The company has a well-trained professional staff of 12 full-time W2 employees:

  • Office Staff
  • Landscape Design Architect
  • Landscape Designer
  • Project Manager
  • Foremen
  • Landscape Crew(s)

Down Payment & Working Capital Required 

The down payment required for this transaction is a minimum of $155,760 cash down payment with SBA financing.  Additional working capital is required.  A minimum FICO score of 700 is required for SBA financing.

Seller Role & Buyer Requirements: 

The owner’s duties are primarily general management, sales, and training the Landscape Architect for additional sales responsibilities.

As the business is a C-27 Landscaping Contractor the buyer will have to obtain their C-27 license.  The Seller will act as the RMO (Responsible Managing Officer) for up to 12 months.  This is the maximum period allowed by the SBA and the Seller cannot RMO beyond one year.

 Reason for Selling:

The Seller is pursuing other interests unrelated to landscaping.

Financial Summary

Summary 2019 2020 2021 2022
Revenue 1492747 1443520 1865938 2307959
Cost of Goods Sold 482011 438707 448076 585705
Gross Margin 1010736 1004813 1417862 1722254
Operating Expenses 993489 1134106 1317905 1185634
Net Profit 17247 -129293 102957 536620
EBITDA 152496 198133 453668 560581
Owners Benefits 260249 452426 478711 148961
Discretionary Earnings 277496 323133 560581 685581