Business ID: BS8119
Established Customers with Revenue $8 million. Avg EBITDA of $1.1mil
The business specialises in outdoor landscaping and garden maintenance for major property developers and builders across the Greater Melbourne Metropolitan area. Having operated successfully for over 20 years, it has an established portfolio of customers with further growth opportunities.
The business has a strong pipeline of new landscaping projects (approx. $4mil) with a segment of the revenue generated from maintenance activities. It is in the maintenance segment where the added opportunity lies, by tapping into the existing customers and offering these services following completed projects.
With an experienced team of over 30 employees plus a network of qualified sub-contractors and a reliable group of suppliers, the business has built a highly-regarded, professional reputation for delivering quality outcomes, on time, on budget. The owner is responsible for the general management of the business, supported by experienced staff in the office and by key supervisory roles on sites.
-FY2021 Turnover of $8M+
-Gross Margin between 45% to 50%
-Average EBITDA/Profit around $1.1million
-$4 Million in forwarding orders as of Oct 2021
-Processes and experience in place to handle large commercial, industrial, and residential developments
-Operates 5 days from a purpose-built office and depot
-Majority of business is generated from an existing portfolio of customers, referrals, or word of mouth
-Well established supply chain and operating systems
-The existing team has the design and technical skills
The current owner will assist the new owner with a suitable period to ensure a smooth transition of the business.
With an established customer base and staff in place to handle the day-to-day operation, this business will be suitable for:
-An individual with commercial experience seeking a business that allows them to take the lead of the team and
management of the business.
-A “hands-on” investor seeking an established business with a strong history with the potential to grow.
-A “bolt-on” to an existing business operating within the building/trades that can benefit from offering outdoor
landscaping/maintenance services and access to a portfolio of quality builders/developers
Asking Price: $3,350,000 includes assets and SAV (approx. $50k).