Business Overview
The company has been providing reliable lawn care, landscaping, and snow removal services in London, Ontario for 6 years. The business serves approximately 200 customers annually and is known for its consistent, high-quality service.
Revenue is highly stable, with 90% recurring customer contracts. No single contract accounts for more than 12% of total revenue, creating a well-diversified client base.
The company is supported by a professional team of three employees, with ownership primarily focused on administration and oversight.
Financial Performance
2024 Performance:
- Revenue: $300,000
- Gross Profit: $125,000
- Discretionary Earnings (SDE): $219,000
Earnings are supported by a lean cost structure and strong recurring service agreements.
Growth Opportunities
- Lead Generation: The business website generates significant inbound demand, with far more leads than the current operation accepts. A buyer with growth ambitions could easily add new routes or crews.
- Stronger Sales Strategy: Implementing an organized outreach and follow-up program with existing clients through a CRM system could increase retention and upsell opportunities.
- Operational Leverage: With recurring revenue and an experienced team in place, the business is positioned to scale efficiently.
Conclusion
The business offers a buyer a stable, profitable operation with strong recurring revenue and substantial room for growth. The business is priced in line with industry standards, reflecting both its current earnings and its potential for expansion under new ownership.
