Irrigation & Sprinkler Company with Contracts - 36490

Financing

$1,400,000 Down and Possible for a well-qualified buyer.

Business Description

Irrigation - Sprinkler Company with Contracts. Very high margin work. Established 42 years by the current, original owner. This is a high volume irrigation company with excellent records. They have over 1500 active accounts and renewing annual irrigation contracts for nearly 700 of them. The others call as needed. They have a 99% client retention rate. This business is fully staffed with 8 full-time employees, including a service manager, sales manager and technical manager. This takes pressure off the owner and allows him to take time off, when needed. The busy season is typically March – September. This business only services a very limited geographical area, so there is definite room for expansion. For many years, the business has grossed over $1mil. In 2023 the business grossed $1,293,894.00 with an owner’s total benefit of approx. $400,000. These figures are well documented and come from the business tax returns. After 42 years, the owner is ready to officially retire and he would like to hand this off to a capable operator, ideally with industry experience and/or experience in a related industry such as masonry, landscaping or landscape design. The owner is willing to offer up to 1 year of training and transition to ensure a smooth hand-off. Any potential buyer must provide proof of liquid funds for at least $850K prior to a buyer-seller conference call or meeting. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All meetings must be scheduled by appointment only!

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.