Thursday, August 4, 2011

How Much Is My Lawn/Landscaping Business Worth?

If you own a lawn or landscaping business, you might be wondering, “how much is my business worth?”

With season in the rearview mirror, I thought this would be a good time of year to update you on lawn and landscaping business sales throughout Florida and give you some data regarding sales and pricing. Here are some numbers for you to ponder:

  • 18 = the number of lawn/landscaping businesses sold in the first half of 2011 by Business Brokers of Florida Association members.
  • $231,350 = the average sale price of the sold lawn/landscaping businesses.
  • $116,120 = the average owner benefit generated in each sold lawn/landscaping business.
  • 1.54 = the owner benefit multiple (sales price divided by owner benefit) of the 18 sold lawn/landscaping businesses.
  • 1.64 = the historical owner benefit multiple of all lawn/landscaping businesses ever sold in the state of Florida.
  • 82% = the average percentage down of the 18 sold lawn/landscaping businesses.

    What does this mean?

    Lawn and landscaping businesses are in high demand. And, in spite of a more conservative and cash strapped buying clientele, they are still paying near historical multiples with a percent down not realized in many other industries. If you have been contemplating selling your lawn/landscaping business, now is a great time! Please contact me for a free, no obligation discussion.

    Please download a complimentary edition of my July-August 2011 Newsletter by clicking here

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    For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at eric@buysellswflbiz.com or 800-599-0503. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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