The company is a landscaping service provider specializing in landscape design, hardscape, irrigation, and general construction. Additionally, the company provides ongoing maintenance services. The offering includes a supply store that provides a diverse range of bulk supplies including soil, mulch, bark, irrigation materials, and debris disposal services.
Headquartered
· Pacific Northwest
Key Aspects
· Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 23.0% and 24.8%, respectfully, from 2020 through 2022.
· The offering includes a supply store that provides services to competitors, contractors, and homeowners, driving consistent traffic to headquarters.
· As of October 2023, estimated revenue for backlog is approximately $2.7 million.
Opportunities
· Implement additional home service packages that include house washing, gutter cleaning, roof cleaning, pressure washing, moss treatment, and pest control.
· Expand geographically to reach new customers and increase market share.
· Further grow staff to generate organic sales by hiring experienced manager and estimators.
· Expand the company's remodeling service.
Current Markets
· The company serves a diverse customer base in residential landscaping, commercial landscaping, construction, and irrigation system markets.
Real Estate
· Both entities operate from a 92,701-square-foot facility, which is subleased from an affiliated entity held by ownership which is available to be leased by new ownership post-sale.
Shareholder Objectives
· Ownership is seeking a more balanced lifestyle and an eventual full exit from the company. Ownership is open to various deal structures to facilitate a transaction.