Landscaping Industry

Transcript

The landscaping industry is a great one. Transworld Business Advisors has contributed to the sale of many of these businesses throughout the years. Landscaping is an active business all year round, during summer providing their traditional lawn care services and on winter with snow removal. It is a great stable industry all across every market in the USA. Even though plowing turns out to be more profitable, the landscaping industry is a strong one, especially in tropical areas like Florida.

If you are already in the industry, this field presents amazing opportunities to do roll-ups and acquisitions. Regarding valuation, the landscaping business shows an average of 1.4 and 1.5 times SDE; you can grow value immediately in this field!

Whether you are interested in landscaping or not, it is great to dive deep into this industry to see what kind of variation exists business to business if you are shopping for businesses or if you are thinking about selling.

Listing of the week: Tracy Peterson (Delmarva, Maryland). Large landscaping business, in business for 22 years, SDE $455,000, Price: $2.2 million. Includes property if buyer wants it, 16 acres, a house with two offices, parking area, three greenhouses. The land is available for $875,000. Financing available. Look at the listing at Transworld Delmarva or call Tracy at 443-523-5770.

Key Takeaways

[7:44] Michael Shea, an expert in the landscaping industry.
[8:14] Michael Shea gives a background of what he sees in the landscaping business today.
[9:47] The landscaping business as an easy one to expand through acquisition.
[11:18] Often buyers shy away from a business because of their perception instead of looking at the numbers and questioning the foundations of their own perceptions.
[13: 56] What are the logistics of buying a landscaping business?
[17:25] When buying a business it is important to consider how will that business look like in five years.
[18:19] Deal of the week: Al Fialkovich (Rocky Mountains). Landscaping business owned by a husband and wife, great crew, in business for 10 years. Buyers were in the residential business who wanted to grow through acquisition. One million dollars in revenue; sold at $250,000.
[20:07] John Erbert, founder of Erbert Lawns.
[20:45] John Erbert talks about how he started the business and how it turned into what it is now.
[23:10] What attracted John Erbert to stay in the landscaping industry?
[25:05] John Erbert found that specializing in one or two services really helped them grow.
[28:06] Keys to success in the landscaping industry.
[30:56] What does set your business apart from competitors?
[31:25] Learn marketing to grow your business.
[32:22] To be successful in any business you have to track everything.
[33:50] John Erbert gives advice to the people interested in buying a landscaping business.
[36:44] Listing of the week: Tracy Peterson (Delmarva, Maryland). Large landscaping business, in business for 22 years, SDE $455,000, Price: $2.2 million. Includes property if buyer wants it, 16 acres, a house with two offices, parking area, three greenhouses. The land is available for $875,000. Financing available.

Mentioned in This Episode

• The Deal Board Podcast
• United Franchise Group
• Transworld Business Advisors
• Transworld on Linkedin
• Transworld on Facebook
• Call us
• Email us
• Call Michael Shea
• Email Michael Shea
• Erbert Lawns
• Call Tracy Peterson
• Contact Tracy Peterson