Established Commercial & HOA Grounds Maintenance Company

(ABvZ0UeiRmFpA1ylg75Ks)Established%20Commercial%20HOA%20Grounds%20Maintenance%20Company.jpg
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Service Businesses Companies for Sale

  • Primary Category: Landscaping & Yard Service Businesses for Sale

The company delivers recurring grounds maintenance to commercial properties and homeowners associations across a dense Central Indiana route network — mowing, lawn care applications, mulching and bed maintenance, seasonal cleanups, and snow and ice management.

Approximately 90% of revenue is commercial and HOA, and 85–90% is recurring or contracted across roughly 95 accounts. Commercial agreements run two to three years with built-in annual price increases and fuel surcharges; in-season recurring revenue is about $100,000 per month.

The business has been profitable in every year of a 25-plus-year operating history and has never spent a dollar on advertising. Fleet and equipment are owned outright, debt-free, and convey at closing.

Investment Considerations:
• 85–90% of revenue recurring or contracted across ~95 accounts, on two- to three-year agreements carrying annual escalators and fuel surcharges
• Adjusted cash flow has run 40–55% of revenue over the past four years — 54% in 2025 — against an industry average profit margin near 7.9%
• No customer exceeds ~5% of revenue; the top 10 represent ~30%. Seventy accounts have been customers five years or longer
• Debt-free, owned fleet and equipment convey at closing — no loans, leases or UCC filings, and no equipment purchase required by the buyer
• Routes concentrated in four sections of a single metro, 5–10 minutes between stops; owner will provide a 3–6 month transition

Financial Information

  • $1,500,000 Asking Price
  • $593,725 Cash Flow
  • $1,093,977 Gross Revenue
  • Negotiable Down Payment
  • N/A Adjusted EBITDA

Business Location

  • City: Central Indiana
  • State: Indiana

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2000
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 5
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: On request

Training/Support

  • Seller is willing to train and transition a new owner for a mutually agreed upon timeframe immediately following closing.

Facilities

  • Leased facility with transferable lease
Business Listed by
image of Andrew Wahl
Andrew Wahl
Sunbelt of Indianapolis
Email Andrew
Listing ID
INDIAIN001-59811

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