“Part Time - Owner” Landscaping Opportunity

This well established and trusted landscape company, located in Maui, Hawaii, has a great reputation for service is offered for sale due to the owner’s retirement. This business was established in 1996 and services 62 residential and commercial properties, many of which have been with the company for 10 to 20 years. The company operates Monday thru Thursday, with two employees that work 32 hours each a week. The owner does not work many hours in the business, he estimates he provides about 10% of the work, as he is out of the country 5 months a year and when he is on Maui his responsibility is to contract new business as well as clean and maintain the equipment as needed.
Services include lawn mowing, clean and blow, trim bushes and haul away services. Additional services for an extra charge included irrigation repair, fertilization, landscape design, etc. They have many customer contracts in place.
In 2018 revenue was $193,000 which generated $53,483 of SDE and this business is attractively priced at $120,000. If a full-time owner-operator ran the business, it may be able to generate significantly more revenue and profit.
All equipment and inventory, as well as, training and a non-compete agreement are included in the price.
COMPANY
Listing ID: Landscape - P
Location: Maui, Hawaii
Type of Entity: Sole Proprietorship
Year Established: 1996
FINANCIAL SUMMARY
2018
Revenue: $192,994 Contracts in place
SDE: $53,483 (Owner has approximately 10% involvement in the business operations)
Seller Financing: N/A
OFFERING SUMMARY
Asking Price: $120,000
Included Inventory: N/A
Tangible Assets: $18,000
Non-Compete: 5 years in County of Maui
Training: 2 weeks; 20 hrs./wk.
Sale Reason: Retirement
EMPLOYEES
2 (32 hours a week each)
Do not miss your opportunity to own this fun to operate company and to live in Maui.