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Owner/Designer has built an outstanding reputation and loyal customers, in nearly 12 years in this business. While working generally just 8 months per year, the business has produced revenues exceeding $1 million in some recent years. More importantly, owner’s discretionary earnings were $500,000 in 2020, and have ranged from about $300,000 to $500,000 annually in the past 6 years; 3 of those years produced earnings of $500,000 or close to that amount.
This is a scalable business, with potential well beyond the volume produced in prior years. Owner turns down about 90% of the jobs available, as it is his preference to stay in the range of volume he’s accustomed to, and he has other interests outside of this business. Company currently takes on primarily large landscaping projects; new owner could grow by venturing into other related services as well as expanding with more crews. Seller is willing to work with the right buyer on the right structure to transfer ownership and assist a new owner in learning the business.
Customers are typically upscale residential homeowners located anywhere in the extended greater Denver area. Subcontracted landscaping crew is experienced and loyal, consistently working with this company for about 8 years. Overhead is low, as crews are only paid when projects are being completed; owner works from home and the only rent is for equipment storage. Purchase price includes vehicles, equipment and furniture. All equipment is in good condition and has an estimated value of $200,000 to $250,000.
The potential for growth is very significant, as a new owner could take on more business or services, which current owner typically turns down, and a new owner could take on projects year round.
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