Commercial Irrigation Contractor

Business Info
Listing #: 42607
Asking Price: $1,800,000
Discretionary Earnings: $625,403
Annual Revenue: $5,161,608
FF&E: $846,000
This award-winning Commercial Irrigation Contractor has been in operation since 1989. The following types of services are offered: irrigation, lighting, wells and pumps, pump stations, and directional bores. There is an exceptionally large opportunity for growth and expansion by implementing a marketing plan, expanding services into maintenance, and adding golf course irrigation. Currently, installations are 90% of the business and only 10% is service. Commercial business is 95% and residential is 5%. The purchase price includes the business as well as the furniture fixtures and equipment, and inventory. The real estate is also available for purchase or lease. The financials reported are an average of the last three years for revenue and owner benefit. One of the current Owner/Officers would like to stay on with the operation in a leadership role, making this an ideal opportunity for an investment firm, landscaping, irrigation, or land development company. The company has a strong commitment to preserving Florida’s natural resources. This business should qualify for an E-2 Visa and has been lender pre-qualified.
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