Recurring Contract Property Maintenance & Landscaping Company For Sale

Recurring Contract Property Maintenance & Landscaping Company For Sale

For sale is one of the most established Toronto-based year-round landscaping and property maintenance company that provides contract-based service to commercial clients. Operating in the GTA, clients typically include major condominium associations & townhouse complexes. The company works on annual maintenance contracts and has long-established relationships with many of its clients which provide stable, predictable cash flow, and little seasonal fluctuation.

This business is an excellent opportunity for a buyer within the industry that would like to capitalize on this company’s consistent revenue, outstanding profit margins, recurring commercial contracts, and exceptional reputation.

The current owners would like to sell in order to retire from the business. Training and an agreed upon transitional period will be provided to the purchaser. Training in administration, operations, management, and day-to-day running of the business will be part of the hand-over process.

Business highlights

  • Very stable revenue (sales between $1.7mm and $1.9mm for the past 6 years)
  • Normalized net profit margin over 25%
  • Renowned for their horticultural services
  • Longstanding, recurring, year-round client contracts, almost 100% client retention
  • Key employees have been with the company for many years
  • Outstanding reputation for providing superior service
  • Diversified client and service base
  • Significant opportunities to increase revenue due to the GTA condominium boom
  • Numerous contracts with major property management firms

Financial Summary

  • Price: $1,325,000
  • 2013 Revenue: $1,905,000
  • 2013 Profit: $530,000
  • FF&E: $320,000
  • Employees: 30 summer; 17 winter
  • Established: 1988

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