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Landscaping Company w/ $1.25M Annual SDE 🌹
Under the Radar Weekly Deals

Discover Top SMBs for Sale
👋 Hey fellow searchers,
Hope you had a great weekend and welcome back to Under the Radar!
Let’s get right into it.
This week’s issue features:
🛋️ High-end furniture manufacturer w/ $3.5M annual revenue
🌹 Landscaping company w/ $1.25M annual SDE
🪠 Plumbing related home services biz w/ $814K annual SDE
Hot Deals 🔥
Analyses of the best deals we found across top marketplaces and brokerages.
#1. High-end furniture manufacturer w/ $3.5M annual revenue
🏷️ Asking Price: $1.98M
📍Location: Miami, FL
Overview: This high-end custom furniture manufacturer generates ~$3.5M in annual revenue with ~$775K in SDE (2.5x SDE multiple). Operating for over 20 years, the company specializes in luxury upholstery, millwork, metalwork, and painting, serving elite interior designers, high-net-worth individuals, and major brands like Louis Vuitton and Christian Dior. All business comes through referrals and repeat clients, with zero paid advertising. It operates from two Miami facilities totaling 17,000 sqft., with the primary 15,000 sq. ft. facility owned by the seller and available for lease.
What I Like 👍
Luxury Client Base – Works with high-profile brands, hospitality venues, and private clients, ensuring strong demand.
Fully Equipped Manufacturing – End-to-end in-house production (upholstery, carpentry, painting, and metalwork) allows for full quality control.
No Paid Marketing – All business comes through referrals and repeat clients, presenting huge potential for growth with a proper sales strategy.
Diverse Revenue Streams – Serves residential, hospitality, and retail clients, reducing risk from any single sector downturn.
Strong Craftsmanship & Reputation – Many employees have been with the company since its early days, ensuring consistent quality.
What to Look Out For 👀
Industry Knowledge Needed – Owners emphasize that experience in furniture manufacturing or interior design is crucial.
Owner-Driven Relationships – Client base is built on long-term relationships with 65 interior designers—a new owner will need to maintain and grow these connections.
Facility Lease Negotiation – The primary facility is owned by the seller but not included in the sale; lease terms will need to be discussed.
Skilled Labor Dependency – 22 employees with specialized craftsmanship means retaining talent is essential.
Key Questions❓
How much of the business depends on the seller’s personal relationships with clients and designers?
How does the company price its custom work, and what is its competitive position in the high-end furniture market?
What growth opportunities exist in online sales, retail partnerships, or expanded marketing efforts?
#2. Landscaping company w/ $1.25M annual SDE
🏷️ Asking Price: $2.6M
📍Location: Southampton, NY
Overview: This 20+ year-old landscaping company generates ~$2.05M in annual revenue with ~$1.25M in SDE (2.1x SDE multiple). Operating with three crews and well-maintained equipment, the company serves 450+ accounts, primarily residential clients, with some commercial and industrial contracts. The business runs five days a week, offering recurring revenue through maintenance contracts. With a highly trained team in place, this is a turnkey opportunity for an experienced owner-operator or an existing landscaping company looking to expand.
What I Like 👍
Strong Profit Margins – With an SDE margin of ~61%, this business throws off significant cash flow.
Recurring Revenue – 450+ active accounts provide a steady and predictable income stream.
Experienced Crews in Place – The business runs efficiently with three teams and well-maintained equipment.
Reputation & Longevity – A 20+ year history and a strong reputation in Eastern Suffolk County provide a competitive edge.
Expansion Potential – The Hamptons market continues to grow, with demand for high-end landscaping services.
What to Look Out For 👀
Owner-Operator Model – The listing suggests this business is best suited for an experienced owner-operator. If buying as an investor, a strong general manager may be needed.
Seasonality – Landscaping businesses often see seasonal fluctuations—understanding how revenue is distributed throughout the year is key.
Client Retention & Contract Terms – Are the 450+ accounts under contracts, or is client retention based on relationships?
No Mention of Facilities or Real Estate – Does the business lease or own storage space for equipment and trucks?
Key Questions❓
Are the 450+ accounts locked into long-term contracts, or do they renew seasonally?
What does the competitive landscape look like in Eastern Suffolk County?
How involved is the owner in client relationships, bidding, and scheduling?
#3. Plumbing related home services biz w/ $814K annual SDE
🏷️ Asking Price: $1.8M
📍Location: Washington
Overview: This 23-year-old plumbing-related home services company generates ~$2.79M in annual revenue with an SDE of ~$814K (2.2x SDE multiple). It holds a 15% market share statewide, making it the largest competitor in its space. The business benefits from recurring revenue from both residential and commercial clients, ensuring consistent cash flow. Operations are split between two leased locations, one handling administration and the other supporting fieldwork. The company has a team of 34 employees, and the owner is looking to retire but is open to negotiating a transition period.
What I Like 👍
Recurring Revenue Model – Provides predictable cash flow and reduces reliance on one-time projects.
Market Leader – Holds 15% statewide market share, giving it a strong competitive advantage.
Scalability & Growth Potential – Can expand into new service areas or acquire smaller competitors to grow rapidly.
Established Workforce – 34 employees in place, reducing dependence on the owner.
Leased Facilities with Separate Functions – Dedicated admin and operational hubs improve efficiency.
What to Look Out For 👀
Owner Transition – The seller’s role in daily operations and willingness to stay on during the transition will impact continuity.
Customer Retention – While the business claims recurring revenue, understanding contract renewal rates is key.
Hiring & Workforce Expansion – Scaling may require adding technicians, which could be challenging in today’s labor market.
Lease Terms & Transferability – The lease agreements should be reviewed to ensure they are favorable for a new owner.
Competitive Landscape – Smaller companies could undercut pricing or capture market share in specific regions.
Key Questions❓
What specific plumbing-related services does the company specialize in?
How long are customer contracts, and what is the renewal rate?
What percentage of revenue comes from recurring service contracts vs. one-time jobs?
Other Hot Deals 🔥
Radar Picks 📡
Bit-sized reads featuring insights and fresh perspectives
Tweet of the Week 🐦
This week’s featured tweet comes from Jon Matzner, who paints a brutally honest picture of what can happen when buying a small business goes wrong. Bob’s story is a cautionary tale—one that highlights the hidden struggles behind SBA-funded acquisitions, from unreliable crews to endless equipment repairs and the slow realization that “business ownership” can feel like a job with worse hours. If you think buying an SMB is an automatic escape from the 9-to-5, this thread is worth a read. Check it out 👇
SBA loans have low default rates, right?
Bob sat in his cramped home office, surrounded by stacks of maintenance contracts and crew schedules.
Three years ago, he'd been a rising executive at a Fortune 500 company, pulling in $205,000 a year plus bonuses.
Now he was the… x.com/i/web/status/1…
— Jon Matzner (@MatznerJon)
2:27 PM • Feb 15, 2025
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DISCLAIMER: This newsletter is for informational purposes only and should not be considered financial advice. It offers analyses of businesses without endorsing any specific financial actions. Readers are advised to do their own research and consult a professional before making investment decisions.