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Businesses For Sale   >>   Ontario Businesses For Sale Categories   >>   

Growing Landscaping & Property Maintenance Company For Sale

Location  Ontario,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $1213000
Net Profit / Cash Flow  $200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1992
Number of Employees  10 - 19
Inventory  $250000
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Owned
Training  Training will be provided by the Seller as required
Reason for Sale  Retirement
Description  Established business providing landscaping and property maintenance services to over 50 commercial clients throughout the Greater Toronto Area. Clients include condominium associations, apartment buildings, townhouse complexes, commercial plazas, and industrial parks located primarily in the Eastern GTA (Scarborough, Pickering, Ajax, Oshawa area). The company works on annual maintenance contracts and has long-term established relationships with many of its clients providing for a stable and predictable cash flow with little seasonal fluctuation. Sales have been growing by an average of over 12% annually for the last 5 years. Gross Profit after Labour and Material costs is above 30%. The company has a young fleet of trucks, landscaping and snow removal equipment. It employs 18 F/T staff and seasonally would hire additional P/T help. Operations are based out of a warehouse facility owned by the business owner. Possibility for purchasing the real estate exists, if that is the preferred option for a buyer. The asking price includes all Fixtures, Furniture & Equipment (estimated at fair market value) as well as a positive working capital. Estimated Cash Flow includes owner's remuneration.
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