Distressed Landscaping Company
Business Description
Important Notice
- The Company emerged from Chapter 11 bankruptcy in early 2025 and is still experiencing financial issues due to poor spring weather, and operational limitations from the bankruptcy.
- Re-casted financials are in the teaser to reflect a going concern and purchase by a strategic buyer who will be able to eliminate costs due to duplication. Pro forma FY24 EBITDA was $856K. (Pg. 6 of teaser)
- The asking price is based upon the total of all existing liabilities that will need to be paid to convey the assets free and clear without going through another court process. We are open to going through a court process, if necessary, to ensure a clean sale. (Pg. 5 of teaser)
Overview: Landscape company with the following service offerings:
Commercial and Residential Landscape Maintenance
- Weekly Mowing, Mulching, Trimming, Cleanups, Seasonal Flowers, etc.
Hardscape Installation
- Retaining Walls, Paver Patios and Walkways, Concrete
Drainage and Erosion Control
Landscape Installation and Design
Artificial Turf Installation
Fertilization and Weed Control
Commercial Snow Removal
Please sign NDA in teaser if interested. Feel free to reach out with any questions.
- The Company emerged from Chapter 11 bankruptcy in early 2025 and is still experiencing financial issues due to poor spring weather, and operational limitations from the bankruptcy.
- Re-casted financials are in the teaser to reflect a going concern and purchase by a strategic buyer who will be able to eliminate costs due to duplication. Pro forma FY24 EBITDA was $856K. (Pg. 6 of teaser)
- The asking price is based upon the total of all existing liabilities that will need to be paid to convey the assets free and clear without going through another court process. We are open to going through a court process, if necessary, to ensure a clean sale. (Pg. 5 of teaser)
Overview: Landscape company with the following service offerings:
Commercial and Residential Landscape Maintenance
- Weekly Mowing, Mulching, Trimming, Cleanups, Seasonal Flowers, etc.
Hardscape Installation
- Retaining Walls, Paver Patios and Walkways, Concrete
Drainage and Erosion Control
Landscape Installation and Design
Artificial Turf Installation
Fertilization and Weed Control
Commercial Snow Removal
Please sign NDA in teaser if interested. Feel free to reach out with any questions.
About the Business
- Years in Operation
- 30
- Currently Home Based
- Yes
- Facilities & Assets
- Fixed Assets: Included in the purchase price. Equipment and trucks are well maintained.
- Market Outlook / Competition
- Bankruptcy Detail
Six figure embezzlement from the first hired Financial Controller. Improper usage of funds and accounting, as well as taking out unknown loans by using the owner's personal information and signature. Company was unable to adequately recuperate those losses. Current controller is strong.
Chapter 11 Bankruptcy to restructure debt, which was finalized in Q1 2025. Company has been keeping up with payments but is expected to struggle to stay afloat come the winter season. - Opportunities for Growth
- Strong local presence and market control with tenured and skilled employees. Opportunity for improvement in operational efficiency and sales functions.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Owner wants to pay off all secured creditors.
Listing Info
- ID
- 2409871
- Listing Views
- 329
Attached DocumentsAttachment Disclaimer
Listing ID: 2409871 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SalePennsylvania Businesses for SalePennsylvania Home & Garden Businesses for SalePennsylvania Landscaping Services Businesses for Sale
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