Successful Landscape Design & Construction Company

One of West Michigan’s leading landscape design and construction companies is now available for purchase. The owner of this thriving company has spent years growing the business and is now ready to focus on other endeavors.

Located in a desirable West Michigan community, this company is a cash flowing machine with a strong
backlog already booked for 2024. These projects will provide immediate revenue for a new owner and
act as a springboard for future growth. The company prides itself on their creativity and quality workmanship and specializes in landscape design and construction along with seasonal color services that transform your outdoor living space. Services include, but are not limited to patios, firepits, outdoor kitchens, retaining walls, landscape bed
installation, softscapes and drainage. The company has an outstanding website that is a great lead
generator.

The purchase price of the business does not include any real estate. However, the owner is providing an
additional and unique opportunity that would include 10 acres, a beautiful home, a shop and
outbuildings that include a fully finished office and break room to run the business from. The acreage,
home, shop and outbuildings can be purchased separately if the buyer desires. The Owner and Operations Manager/Seasonal Color Specialist are willing to stay on for a reasonable transition and
training period.

Investment Highlights
- Average Annual Revenues (3 year) $ 830,000
- Average Annual SDE (3 year) $ 335,000
- Services in high demand
- Real estate available if desired

All equipment is late model and in excellent condition. The company has 9 employees who are trained,
reliable and loyal.

With a favorable SDE multiple of 2.7x, the business is attractively priced at $970,000. The seller
envisions an asset sale in which he retains cash and A/R while retiring all liabilities. For a qualified buyer,
the seller will carry a meaningful note.

A typical deal for the purchase of the business looks great with $92,000 (10% of purchase price) buyer
cash, a matching $92,000 seller note, and the balance financed by an SBA term loan. Total annual debt
service will be approximately $740,000 which would result in a post-debt discretionary cash flow for the
buyer of $ 220,000 in the past three years.

If you are searching for a successful cash-flowing business with a product in high demand that is also
located in West Michigan, this business represents an exceptional opportunity.