(Ace Landscaping, Inc.) The seller wanted to retire and had previously hired another broker who was unable to get them the price that they were looking for. Through targeted marketing efforts, we were able to introduce multiple buyers, including large-scale landscaping companies that were looking to expand. However, the highest offer that was acceptable to the owner came from an individual from Pennsylvania who did not have experience in Landscaping but was interested in moving back to New York and buying a NY-based business. We were able to secure bank financing in which the seller only provided 10% of the price in the form of seller financing. 90% of the amount was paid at the closing, with the bank providing 70% of the price and the buyer 20%.
(John Bauso Landscaping, Inc.) Their business provides lawn care, tree and shrub services, masonry, sprinkler systems, and more. As a result of our previous experience selling Landscaping businesses, this owner was confident in our ability to represent him in the sale of his business. We were able to introduce multiple buyers and ultimately negotiate terms that ultimately worked for both buyer and seller. The seller will stay on after the sale and be paid a consulting fee, with the number of hours worked decreasing over time.
(LSI Services, Inc.) The business provided both B2B and B2C Services, including landscaping, paving, sprinkler systems, excavations, snow plowing, and retaining walls. The best offer came from an individual with a financial background who had purchased other landscaping businesses and was continuing to grow through acquisition. We introduced the buyer to one of our banking contacts, and they were able to secure bank financing to close the deal.
