{"id":17366,"date":"2023-02-02T11:52:00","date_gmt":"2023-02-02T11:52:00","guid":{"rendered":"http:\/\/eagle.local\/?post_type=property&#038;p=17366"},"modified":"2024-03-24T22:52:00","modified_gmt":"2024-03-24T22:52:00","slug":"landscape-design","status":"publish","type":"property","link":"http:\/\/eagle.local\/property\/landscape-design\/","title":{"rendered":"Landscape Design and Construction Business"},"content":{"rendered":"<p>One of West Michigan\u2019s 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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p><strong>Investment Highlights<\/strong><\/p>\n<ul style=\"margin-bottom:15px\">\n<li>Average Annual Revenues (3 year) $ 840,000<\/li>\n<li>Average Annual SDE (3 year) $ 370,000<\/li>\n<li>Services in high demand<\/li>\n<li>Real estate available if desired<\/li>\n<\/ul>\n<p>All equipment is late model and in excellent condition. The company has 9 employees who are trained, reliable and loyal.<\/p>\n<p>With a favorable SDE multiple of 2.6x, 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.<\/p>\n<p>A typical deal for the purchase of the business looks great with $97,000 (10% of purchase price) buyer cash, a matching $97,000 seller note, and the balance financed by an SBA term loan. Total annual debt service will be approximately $776,000 which would result in an average post-debt discretionary cash flow for the buyer of nearly $ 250,000 in the past three years.<\/p>\n<p>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. For more information, please contact Steve at 616 902 0898 or steve@eaglebrokersmi.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of West Michigan\u2019s 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 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