Santa Clara Ciounty
San Jose Metro
San Francisco South Bay
San Francisco Bay Area
Thriving Landscape Design & Construction Biz with 7-Decade Reputation
This family-owned and operated landscape design and construction company was started in 1949 by the current owner's father, and the company has earned a sterling and consistent reputation for reliability, excellence, and quality.
The company manages complete landscape projects from design to permits to construction. They are known for all forms of hardscape swimming pools, decks, outdoor kitchens, arbors, concrete & masonry, retaining walls, etc. Landscape projects include low-volt lighting, irrigation, and all forms of planting.
The area served is the very exclusive and prosperous western hills of Santa Clara County in Silicon Valley, with residential owners being customers for decades, returning over and over with lucrative contracts. The company enjoys over $1,000,000 in annual sales with virtually no advertising everything comes from organic, word-of-mouth referrals.
The company has the trained, experienced management and personnel (13 employees) to execute all the required design, demolition, construction, and agricultural aspects of the most complex and demanding projects.
The business operates from a 4,000 sq. ft. warehouse, with favorable rental terms, that houses all the vehicles and tools that are required to operate. The landlord is open to negotiating a favorable long-term relationship with the buyer if wanted.
Unique values. The company counts some of the most affluent and prestigious residents of Silicon Valley amongst its hundreds of satisfied customers, benefitting from the trust and confidence related the almost six decades of excellent service. These customers return year in and year out, decade after decade, from one generation to the next. The business operates as a well-tuned team with employees who have worked together for years.
Financials: The owner has expensed through the business many items in 2015 and 2016 for other business, investment, and personal activities. While the financial statements for those years are available once a serious buyer has met with the seller, they do not reflect the full Seller's Discretionary Earnings ('SDE') for those years. The Seller represents that the true owner benefit of the business is more accurately demonstrated by the 2017 SDE calculated to exceed $164,700, and the Seller will substantiate that for a buyer during due diligence. SDE for 2018 is on track to be at least $230,000.
Buyers: This is a perfect acquisition for an existing lawn maintenance company, landscaping contractor, or construction contractor looking to add a very valuable demographic to its customer base. It is also perfect for the entrepreneur who wants to engage in the hands-on management of a solid and successful business.
Furniture, Fixtures, & Equipment. ('FF&E') The assets include all the vehicles and equipment necessary to continue business operations. The Seller estimates the cost to replace the FF&E with similar kind, condition, and age to be $325,000.
Price & Transaction. The price is less than 30% of annual gross sales plus the fair market value of the FF&E a total of $599,995. The 2018 SDE is calculated to be approximately $230,000.00. Based on that SDE, the asking price is 1.2x SDE plus the fair market value of the FF&E; or, 2.6x SDE, including the FF&E.
However, this price is subject to competition and negotiation; and, the seller will be flexible in consideration of simple terms and a streamlined, seamless transaction. The business is offered as a sale of all the assets of the company, except for accounts receivable, accounts payable, materials inventory, and cash on hand. The current owner would be open to a substantial transition phase to facilitate a smooth transfer to new ownership.
Note: All data for 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.
Lease
San Jose Metro
San Francisco South Bay
San Francisco Bay Area
Financials
Operations
Highlights
- Landscaping
- Hardscape Construction
- In Business for Six Decades
- Affluent Customer Base
- Recurring Business
- Experienced Staff
- Great Reputation
- Hardscape construction pools, decks, outdoor kitchens, arbors, patios, retaining walls as well as landscape & planting projects. Serving the exclusive, affluent western hills of Silicon Valley, the company enjoys a sterling 6-decade reputation & almost $
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 19,206 | 45,463 | 138,708 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 7,074 | 16,845 | 53,837 |
| 2010 Persons Per Household | 2.60 | 2.62 | 2.43 |
| Median House Value | $1,000,000 | $1,000,000 | $983,120 |
| Income Per Household | $165,534 | $159,560 | $120,054 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 894 | 1,748 | 4,507 |
| 2012 Number Of Employees | 15,126 | 136,976 | 205,740 |
| 2012 Total Annual Payroll | $526,508,000 | $4,294,967,295 | $4,294,967,295 |
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Disclaimer
DISCLAIMER & NOTICE: The User (that's you reading this) of this Website understands that Timothy Cunha, J.D. ("Broker"), his agent(s), and EvergreenGold do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.
The information contained in this offering profile was provided by the Seller and is believed to be accurate. Broker has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: typically (1) Sq. ft. is estimated, and (2) Annual Payroll is last year's and does not include any owner wages.
THE PROSPECTIVE BUYER OR LESSEE SHOULD CAREFULLY AND INDEPENDENTLY VERIFY TO THEIR SATISFACTION EACH ITEM OF INCOME, EXPENSE, AND ASSET, AND ALL OTHER INFORMATION CONTAINED HEREIN. The information contained herein and contained in any supplemental documents has been furnished by sources believed to be reliable. While we intend to provide accurate information, no warranty or guarantee, either expressed or implied, is made as to any information provided on this property, business, and/or franchise. Any information concerning the sale of a business has been provided by the Seller, Buyer, or some other third party to the Broker. Broker and Broker’s agents have not and do not verify the accuracy, veracity, or completeness of this information, and the recipient of this information is advised to conduct its own independent due diligence investigation as to accuracy, veracity, and completeness. The Broker and Broker’s agents are not responsible for misstatements of facts, errors, omissions, prior sale, change of price, or withdrawal from the market. We do not accept liability for any errors, omissions, corruption, or virus in the contents of this message or any attachments that arise as a result of email transmission.
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