Irrigation & Sprinkler Company with Contracts

LISTING ID # 36490

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 the broker. All meetings must be scheduled by appointment only!