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Profitable Rhode Island Landscape Company With 77% Recurring Revenue

Rhode Island, USA
Listed 115 days ago
Established 2001

20+ year-old, profitable residential lawn care and landscape maintenance company serving the Rhode Island market. The business generates a high proportion of recurring revenue (approximately 77% of service revenue) across 654 active accounts, providing predictable cash flow and a strong base for continued growth. The company is fully equipped, with a fleet of 90+ pieces of equipment and an established operating infrastructure already in place. FY2025 revenue was approximately $1.39M with seller's discretionary earnings of approximately $245,000. Offered as an asset sale with all business debt retired by the seller at closing, giving a buyer a clean balance sheet on day one. The owner is committed to a smooth handoff and reasonable transition support.

Location

Established lawn care and landscape maintenance business operating across the Rhode Island market, serving residential and commercial accounts throughout its service territory.

Employees

15

Real Estate

Lease

Trading Hours

Standard business hours, Monday–Friday, with seasonal variation typical of the industry.

Management Type

This business is owner operated.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Premises Details

Operates from a commercial facility with yard and storage for equipment and fleet.

Support & Training

Owner will provide a reasonable transition period and handoff support to ensure continuity of accounts and operations.

Expansion Potential

Clear runway to grow through HOA and condominium association contracts, expansion of commercial accounts, add-on services to the existing base of 654 active accounts, add snow removal, and geographic density within the current service area.

Competition / Market

The regional lawn care and landscaping market is fragmented and served largely by smaller, owner-operated providers. The company's scale, recurring account base, and established equipment infrastructure position it well against less formalized competitors.

Living Accommodation

Housing for seasonal workers available

Reason for Selling

Retirement / independently wealthy

Financials

Asking Price
$500K - $1M
RevenueMost Recent Year
$1.4M
Earnings (SDE)Last Reported
$245K
Assets ValueNot Included in Asking Price
$140K
Seller Financing
Not available

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