Listing Number: 0101-190238
Description
This 21-year-old company is the South Florida leader in outdoor landscape lighting design, installation and maintenance. Transforming their clients’ homes and commercial properties from dark into stunning visual masterpieces has been the cornerstone of this business as revenues continue to build year over year. Income is derived from design and sales of top of the line outdoor lighting products with very strong vendor relationships in place. In addition, and what makes this company truly unique, is the recurring revenue from their scheduled route-service program where their many customers opt in to have their lighting system serviced on a regular basis thus ensuring efficient and trouble-free operation year round. Amazing seasoned tech staff of 4 includes a lead technician that has been with the company for 16 years. This is a perfect add on business for a S. Florida lawn, tree care, residential irrigation business or marine deck company as opportunities to cross sell are abundant. Areas covered are from Miami (south) to Satellite Beach (north). Buyer will need either a State Residential electric license or a State low voltage license, Seller MAY consider qualifying Buyer's electric license based on Buyer's related background. 100% Tax Return records, employees are all W2, this business should easily qualify for Investor E2 Visa. Seller will provide full transition, training and introductions to all key customer accounts and vendors. Seller will also agree to finance a portion of the purchase price based on Buyer’s professional background and financial strength. Stated income and SDE is annualized from 8-31-23. All Buyers to provide financial statement and Bio before disclosure. Lender Pre-Qualified for 7A SBA loan with $75,000 down includes an additional $50,000 of working capital.
Listing Details
- Price: $ 695,000
- Down Payment: $75,000
- Sellers Discretionary Earnings: $ 386,488
- Total Sales: $ 1,515,459
- Location: Withdrawn, Florida
- Inventory: $ 10,000
- FF&E: $ 50,000
- Employees: 10
- Year Established: 2007
- Reason for Selling: Relocating out of state
- Category: Lawn/Landscaping
