Full-Service Landscape, Irrigation, and Lawn Maintenance Company
The company is a commercial and residential landscaping firm specializing in design, installation, irrigation, and lawn maintenance. The company serves everything from custom landscape design & adaption to outdoor lighting installation & seasonal flower programs.
• Revenue averaged $6.1 million and the adjusted EBITDA grew at a compound annual growth rate of 102.2% from 2019 to the trailing twelve-months (TTM) ending June 2021
• Recurring revenue stream through monthly lawn maintenance contracts
• Management notes the company has a consistent 90% client retention rate
• Vehicle fleet of 22 trucks and 16 trailers currently in operation
• Strong service reputation for great customer service and quality results
• Geographic expansion into new regions of the Southeast
• Large growth potential for monthly maintenance contracts as a source of recurring revenue
• Increase marketing efforts to reach new clients
• Add service offerings to better support existing customers
• Southeast USA
• The company currently serves commercial (90%) and residential (10%) customers in the Southeast USA.
• The company operates from a 2,000 sq. ft. facility used as a shop and office. The facility is leased from an unrelated third party.