Confidential Ada, MN 56510

Property Details for 0 Confidential

Property type

Commercial real estate

Description

This thriving, full-service landscaping and lawn care business, operating in the Red River Valley of Minnesota since 1980, is offered for sale at $2,490,000. Generating a gross revenue of $2,204,464 and boasting a Seller's Discretionary Earnings (SDE) of $527,296, this presents a significant investment opportunity. The business employs 28 full-time and 20 part-time employees, providing a comprehensive range of services including landscaping, lawn maintenance, tree and shrub care, pest control, and snow removal to both commercial and residential clients. The business model includes pre-billing customers in April with a 5% discount for annual services, fostering customer loyalty and consistent growth. The current owner is selling to pursue other business interests, offering four weeks of support and training to ensure a smooth transition. A non-compete agreement is in place for 50 miles over five years. The business's fixed assets (FF&E) have a fair market value of $2.3 million. Seller financing of $498,000 is available. This established business is well-positioned for continued success and is ideally suited for a remote owner, given the experienced key manager in place to handle day-to-day operations. The business is the largest outside maintenance provider in its area.

Location Insight

City

Ada

County

Norman

State

Minnesota

Longitude

-96.6044

Latitude

47.4555