Closed transaction · March 2016
GreenTex Landscaping
MDR & Associates took GreenTex Landscaping, a landscaping company, through to closing in March 2016.
The transaction
- ClosedMarch 2016
- SectorHome services
- TradeLandscaping
- LocationAllen, Texas
- BuyerAn individual buyer leaving a corporate career
- Engagement to closing90 days
- Represented byMDR & Associates
The sale
How it ran
We represented Aaron Davis in the sale of GreenTex Landscaping. Once the marketing package was built, the deal team found a buyer leaving corporate America who wanted more control of his time and his calendar.
The buyer brought experience in sales and operations, and the sale closed in under 90 days from the listing.
I had built a business over the course of 13 years in an intentional way. I enjoyed what I was doing, but I had come to a point in my career that I wanted to do other things. That led me to needing to find a professional set of folks to help me transition out of my current business. I found that with the crew at MDR. I can’t say enough about their professionalism and care given to me during the sales process. I will enlist their services next time I need to sell a business.
What decided the price
What buyers look at in a landscaping company
Maintenance revenue under contract
The number of contracts, their term, the renewal rate, and how much of the revenue your ten largest customers represent.
Commercial against residential
Commercial, HOA and municipal contracts are larger and steadier. A residential book is worth more when it is dense and on a recurring schedule.
Crews and foremen
Labor is the hardest part of this business. Foremen with tenure and a dependable labor supply are what a buyer is really acquiring.
The full list, and who the buyers are: Selling a landscaping company in Texas.
The record
More landscaping companies we have sold
Your company
Talk to the firm that sold GreenTex Landscaping
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- A value range and what is driving it
- An honest answer about whether now is the time to sell
- No fee unless and until your company sells