Profitable Landscape Design and Construction
For Sale in Portland, OR
Financial & Assets Details
About the Business
Business Description
The Seller started this business in 2009. He has over 13 years of Portland landscape design and installation experinece4, including a degree in Horticulture with an emphasis in Landscape Design from the University of Nebraska. The business has grown every year since its inception and is working presently at full capacity. The success of the business is due to the Seller's focus on helping clients create the outdoor spaces they've always dreamed of and relish the opportunity to design and implement the perfect landscape design for their front yard or back yard. It has been profitable from year one and is growing as the population of the greater Portland, OR area continues to expand. This is a very will run operation. To get the full picture of the kind of business that is represented, send the Broker a request for an NDA and I will be supplied.
Growth & Expansion
Expansion:
If I were to stay in the industry I would take the business in multiple directions. As the business stands now, the residential side is self-sustaining in that projects are coming to us organically due to the years of outstanding reviews and good work. Where the company has yet to even venture is the commercial side, maintenance side and irrigation side. I have focused on residential work because that is where my passion lies, but that is not where the profits lie. The potential for larger profit margins is in commercial work. If the company had several commercial crews or at least 5-6 guys to install the work, the company could quickly double in size. The maintenance work is another easy area where the business could grow. We have a log of clients and enough good reviews that we could start up a maintenance side of the company that would pay the bills. The profit margins are lower, but the work can be consistent through the winter months as things slow down. Maintenance also could be associated with patio cleanups, a small division that could be very profitable. Lastly, the irrigation side could be put together to tie everything together. Irrigation is easy to estimate and has good profit margins. When an irrigation crew was not installing its own projects, it could be working with the other crews to speed up projects. To answer where I would take the business, now that we have set up the residential side of the company, I would expand into one of the other areas. I would first target the commercial work as it could be a good way to create a consistent revenue stream. This would require hiring some office staff to help with estimating and management.
Seller Financing
Seller is willing to carry some paper, but the prospective buyer must provide a resume', recent financial statement and recent credit score.
Market Competition:
There is a lot of competition in the portland area, but with the ongoing and growing population and need for Landscaping, there is more work than the Seller can handle. He often turns business away or referres it out to another Landscaper.
Location Details:
3,000 sq. ft. The lease is a sub lease and share a 6,000 sq. ft. facility. The Master Lease holder is an Arborist and there may need to be some new negotiations upon sale.
Support & Training
Training:
Sellers will provide 4 weeks of uncompensated training, 30 hrs per week. If further training is needed, compensation to the Seller shall be negotiated.
Reason for Selling:
The sellers are moving out of state to operat the family farm