Irrigation & Sprinkler Company with Contracts

LISTING ID # 36490

Irrigation - Sprinkler Company with Contracts. 80% Service and Maintenance. SBA Pre- Approved! Very high margin work. Established 42 years by the current, original owner. This is a high volume irrigation company with excellent records. They have over 1500 active accounts and renewing annual irrigation contracts for nearly 700 of them. The others call as needed. They have a 99% client retention rate. This business is fully staffed with 6 full-time employees, plus the owner, who works in the office. The busy season is typically March – September. This business only services a very limited geographical area, so there is definite room for expansion. For many years, the business has grossed over $1mil. In 2024 the business grossed approx $1,293,894.00 with an owner’s total benefit of approx. $340,000. These figures are well documented. In fact, because of the great record keeping, we have obtained an SBA pre-qualification on the business that would require at least $141K in proof of funds (this covers buyer's equity injection, SBA fees and closing costs). After 42 years, the owner is ready to officially retire and he would like to hand this off to a capable operator, ideally with industry experience and/or experience in a related industry such as masonry, landscaping or landscape design. The owner is willing to offer up to 1 year of training and transition to ensure a smooth hand-off. Any potential buyer must provide proof of liquid funds for at least $250K prior to a buyer-seller conference call or meeting.