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60/100· Fair Demo Listing

Commercial Landscaping & Grounds Maintenance

Tampa, Florida, USA Home Services Established 2015 14 employees

Business Verified

Asking price

$465,000

WhatBiz estimated range $454,000 – $656,000

Analyze this deal

Business overview

Routes are contracted annually and serviced by crews with foremen. Warm-climate operation avoids seasonal shutdown and supports steady monthly billing.

Asking price
$465,000
Revenue (TTM)
$1,150,000
SDE
$175,000
EBITDA
$148,000
SDE multiple
2.66x
Cash-on-cash (unlevered)
37.6%
Recurring revenue
76.0%
Largest customer
19.0%

WhatBiz Score™ breakdown

Overall 60/100 — Fair. Each dimension is scored independently and weighted.

Profitability43

Seller's discretionary earnings are 15.2% of revenue.

Valuation66

Asking price is 2.66× SDE compared with a common small-business range of roughly 2×–4×.

Financial Health49

11 years of operating history with a 12.9% earnings margin.

Growth Potential54

Reported revenue trend of +9% year over year.

Market Outlook76

Category-level demand outlook based on WhatBiz industry model (sample data).

Owner Independence48

Business is described as owner operated with 14 employees.

Customer Concentration Risk65

Largest customer represents about 19% of revenue.

Financing Potential100

Seller indicates financing is available (about 20% seller-carried).

Scalability67

76% of revenue is recurring or contracted.

AI / Technology Disruption Risk85

Estimated exposure to automation and AI substitution in this category.

Valuation context

Comparable SDE multiples of 2.58x – 3.65x for Home Services produce an estimated range of $454,000 – $656,000.

  • Recurring revenue: 76% of revenue is recurring or contracted, which buyers pay a premium for.
  • Management in place: Heavy owner involvement narrows the buyer pool and reduces the multiple.
  • Operating history: 11 years of history reduces perceived risk.
What's included
  • Trucks and trailers
  • Mowing and landscape equipment
  • Service contracts
Growth opportunities
  • Add irrigation repair and landscape installation
  • Increase route density in existing corridors
  • Introduce annual contract escalators
Reason for sale
Owner is relocating out of state.
Competition
Numerous local operators; contract retention drives value.

What a buyer should check here

Specific questions to raise with the seller for this listing, based on its reported figures.

  1. Confirm the $175,000 in owner earnings

    Ask for three years of tax returns and the add-back schedule line by line. Owner salary and genuine one-off costs are fair add-backs; ongoing vehicle, phone, insurance or family payroll usually are not.

  2. Price is inside the estimated range (2.66x SDE)

    WhatBiz estimates $454,000 – $656,000 for a home services business with these figures. Ask the seller which comparable sales support their asking price.

  3. Verify the customer mix is as diversified as reported

    The largest customer is reported at 19.0% of revenue. Ask for a revenue-by-customer report for the last 24 months to confirm it.

  4. Test the 76.0% of recurring revenue

    Ask for the contract or subscription list with start dates, renewal terms, churn over the last two years, and whether agreements are assignable.

  5. Plan for the owner's day-to-day role

    The owner is reported as owner-operated. Price a replacement salary for the hours they work, and check whether any licence, certification or key relationship is held personally.

  6. Check the 14-person team and payroll

    Request tenure, wages against local market rates, and any certification or licence held by individual staff. Agree stay bonuses for key people before closing, not after.

  7. Structure the 20% seller note

    Seller financing keeps the previous owner invested in a clean handover. Negotiate the term, interest rate and any performance offset in the same conversation as the price.

  8. Review the leased premises and the lease

    Check remaining term, renewal options, rent escalations, and whether the landlord will assign the lease to you. A short lease on a location-dependent business is a real risk.

This is demo data provided for product demonstration. Figures are illustrative, are not verified, and are not an offer to sell a business. WhatBiz analysis is educational and is not financial, legal, tax or investment advice.

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