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  Home > Search Results > For Sale: Landscape, Masonry Service

For Sale Landscape, Masonry Service In San Francisco Peninsula Area, CA

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Contact: Tim Cunha at 650-600-3751, 650-204-1802 - Log In To Message/Email This Contact
Last Revised: 9/5/19. Posting #: 250351
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High SDC  
Key Words: contractor, landscape, landscaping, construction, masonry, santa clara
Financial Info: Asking price: $499,000. Annual sales approximately $2,000,000+. SDE $230,000+. FF&E replacement cost, over $250K. Approximately $1,000,000 in current & pending contracts. Seller is open to all reasonable offers.
Profile: Profitable SF Peninsula landscape & masonry contractor. 25+ years of sterling reputation serving affluent homeowners - a highly-respected and often-referred name. 10+ employees with years of experience & expertise creating outdoor spaces for some of the world’s most discerning and affluent clientele. Customers return for multiple projects year after year.

Annual sales are approximately $2,000,000+. Seller’s Discretionary Earnings (“SDE”) are $230,000+. The replacement cost of the vehicles and equipment is over $250K. The business includes approximately. $1million in current & pending contracts. The asking price is just $499,000. While the seller has calculated a value almost twice that number, it is priced for an expedited sale at the value of the FF&E plus 1x SDE. The seller is open to all reasonable offers.

A premier profitable thriving landscape and outdoor masonry construction business on the San Francisco Peninsula for over 25 years with a sterling reputation in some of the most affluent zip codes in the United States. A cohesive team of 10+ employees with many years of experience and demonstrable expertise create outdoor environments for some of the most discerning and demanding clientele in the world. Many customers return for multiple projects and enthusiastically recommend this business to their friends, neighbors, and business associates.

All employees are expected to stay. The business manager, who has many years of landscape and construction management experience, coordinates day-to-day operations, finances, purchases, sales, and customer relations. Recently hired, with the understanding that the business is for sale, the manager is looking forward to the growth potential that a new owner will bring to the business and will enthusiastically continue with the business at the new owner’s discretion. In addition, the current owner (and company founder) will be happy to stay on indefinitely in a part-time consulting role to transition the business and facilitate growth.

The business includes a highly-experienced cohesive team of landscapers and masons, an extensive fleet of vehicles and equipment, customer databases, ongoing current projects, and prospective jobs scheduled into the future.

Gross sales for recent years are: 2018: $2,287,450, 2017: $2,151,158, 2016: $1,721,057. Seller’s Discretionary Earnings (“SDE”) are projected for 2019 to be a minimum of $230,000, but probably much higher, based on current and pending projects.

The purchaser of the business will take over, as part of the transaction, over $1,000,000 of contracts, to be verified at time of business transfer.

The physical assets of the business include four trucks, plus various pieces of equipment (including but not limited to excavators, loaders, Bobcats, saws, sanders, sprayers, jack hammers, welding tools, shovels, picks, axes, power washer, wheel barrows, sledge hammers, carpentry tools, trowels, concrete floats, carts, paver cutters, tool chests, mowers, edgers, ladders, roto-tillers, trailers) with a value of approximately $264,000.

Tax returns for 2014 through 2018 will be provided to serious financially-qualified prospects upon submission of an NDA and preliminary discussion with the seller and broker. Complete historical financial data (tax returns, bank statements, A/R and A/P records, payroll statements, etc.), employee records, corporate records, current and pending contracts, detailed equipment list, etc. will be provided during due diligence.

Transaction: The business is being offered for acquisition at an asking price of $499,000, including all listed vehicles and equipment (worth approximately $264,000). All reasonable offers will be considered. (The seller has calculated the value of the business at approximately $895,000 based on a multiple of the SDE, a percentage of the gross revenue, and the value of the FF&E. The price being asked is lower to facilitate an expedited sale.)

It is anticipated that this will be a sale of all the tangible and intangible assets of the corporation, including the very valuable business name; but, not the corporation itself, nor accounts receivable, accounts payable, rent deposits, or cash on hand. This will also include website(s), phone numbers, customer list, supplier contacts, open and pending contracts, employment relationships, etc.—the “goodwill” of the business.

Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made No independent verification of the data contained herein. The Broker represents the Seller and does Not represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

Broker License # BRE LIC # 01919755

Professional Resources & Contacts To Help You Close Your Deal!

Contact: Steve Zimmerman at 650-823-6174, 650-823-6174 (Cell)   Log In To Message/Email This Contributor
Profile: Steve brings to his clients a wide-ranging business background with a focus on providing the highest level of customer satisfaction. Steve’s experience includes work in mergers and acquisitions, as well as small business brokerage, finance, business development and sales and account management.
Key Words: steve zimmerman, transworld, transworld business advisors, business broker, roofing, contractor, tour, restaurant, fitness, logistics, warren, morris, bergen, union, hudson, middlesex
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Pro Advisor  
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Contact: Daniel Herring at 850-424-7541, 334-329-8023 (Cell)   Log In To Message/Email This Contributor
Profile: My mission is to conduct a thorough, well-planned, and well-executed transaction for both the seller and buyer, offering a confidential, professional approach to my clients and taking an M&A approach to main street transactions to ensure the optimal selling price and shortest time on the market.
Key Words: daniel herring, emerald coast business intermediaries, business broker, business valuation, valuation, consultant, due diligence, due diligence services, auto repair, construction, restaurant, airport shuttle, shuttle, okaloosa
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy

Contributor: Tim Cunha at 650-600-3751   Log In To Message/Email This Contributor
Profile: Conceivably, you have found out about “dependable guidelines” and “typical ratios” and assume that your business will be worth around what an organization of similar size in your particular industry or field is valued at. Tim Cunha, JD, located in the San Francisco Bay Area, discusses this topic.
Key Words: tim cunha, cunha, EvergreenGold, california, sf bay area, business broker, brokerage, san francisco, palo alto, santa clara county, contra costa county, alameda county, marin county, sonoma county, san mateo county, valuation, business valuation, value, evaluations, market value
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: It is crucial to have buyers interested in purchasing a business sign a non-disclosure agreement before releasing any information to them about the business for sale. BizBenNetwork Senior Manager Jordan Green shares tips for qualifying buyers and implementing a successful non-disclosure agreement.
Key Words: nda, non-disclosure agreement, confidentiality agreement, non disclosure, non disclosure agreements, confidentiality, confidential information, buyer profile, business buyer, prospective buyer, buyer prospect, liability, legal issue, legal, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
Profile: Due diligence is an investigative inquiry into a business that is performed by a potential small business buyer in order to ensure that the business being purchased is everything that has been represented by the business owner/seller. Here are the best practices for performing due diligence.
Key Words: due diligence, buying a business, buyer, buyers, buy a business, attorney, cpa, non-disclosure agreement, tax returns, income statements, due diligence period, balance sheets, cash flow statements, lease, leases, purchase agreement, purchase agreements, assets, liabilities, legal contracts, distribution agreements, risk, risks, lawsuits, due diligence checklist, jordan green
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