Irrigation Company, 42 Years Established, High-Volume.
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Asking Price
$1,400,000
Detailed Information
Business Description
This established irrigation and sprinkler company has been in business for 42 years and boasts a high volume of work with over 1500 active accounts, including annual contracts. With a 99% client retention rate, the business is fully staffed with 8 employees, allowing the owner to take time off when needed. The company's annual gross revenue has consistently exceeded $1 million, reaching $1,293,894 in 2023, with an owner benefit of approximately $400,000. Targeting a specific geographical area, this high-margin business has significant growth potential for a capable operator with industry or related experience, such as masonry or landscaping. The owner, looking to retire after four decades, is offering up to 1 year of training and assistance for a smooth transition. Interested buyers must show proof of at least $850,000 in liquid funds before scheduling a meeting with the broker to discuss further details and potential acquisition. With a solid reputation and well-documented financial records based on