Buying a landscaping company in Jacksonville and Northeast Florida

• A base of commercial maintenance contracts that renew year after year, spread across several associations and property managers.
• Tight routes: customers clustered so crews spend their day working, not driving between jobs.
• Upgrades, plant replacements and irrigation work sold to existing maintenance customers, which usually earn more than mowing.
• Licensed applicators on staff if the company fertilizes and treats for pests, so that work isn't at risk.
• Crew leaders who stay, and a dependable way to recruit and keep crew members.
• Equipment replaced on a schedule, so mowers and trucks don't all come due at once.
• Account managers, not just the owner, who know the commercial customers and their boards.

• The contract list: customer, monthly value, services, length, renewal date and cancellation terms. Associations put contracts out to bid regularly; ask when each is up next.
• How much rides on a few associations or property managers.
• The profit on each contract, since some large accounts are underpriced.
• Who holds the fertilizer certificates and pest control certification, and whether they'll stay. The pest control license depends on its certified operator, and each fertilizer certificate belongs to the worker who earned it.
• Labor: pay, turnover, how crews are recruited, and whether every worker is properly employed and documented. Florida requires employers with 25 or more employees to check new hires through E-Verify.
• The equipment list with age, condition and any debt.
• Storm cleanup revenue, which can inflate some years.
• Fuel, dump fees and yard waste disposal costs.
• Insurance claims for damaged cars, windows and sprinkler heads, which add up on mowing routes.

• How many maintenance contracts do you have, and how many renewed last year?
• Who are your biggest commercial customers, and when do their contracts come up for bid?
• Do you apply fertilizer or pesticides, and whose licenses cover it?
• How do you price contracts, and when did you last raise prices?
• How long have your crew leaders been with you?
• Beyond maintenance, how much revenue comes from upgrades, irrigation and installation?
• How has hurricane cleanup affected revenue in recent years?

This region covers Duval, St. Johns, Clay, Nassau, Baker and Putnam counties: Jacksonville, Jacksonville Beach, St. Augustine, Ponte Vedra Beach, Orange Park, Fleming Island, Green Cove Springs, Fernandina Beach, Yulee, Macclenny and Palatka. Jacksonville merged with most of Duval County in 1968, which makes it the largest city by land area in the lower 48 states.

The economy leans on logistics, the Navy and financial services. Logistics runs through JAXPORT, major rail lines and the meeting of Interstates 95 and 10. The Navy has Naval Air Station Jacksonville and Naval Station Mayport. Insurance and health care matter too. St. Augustine, founded by the Spanish in 1565, and Amelia Island draw steady tourism. Trucking and logistics firms, the building trades, medical practices and home services all fit this market.

Northeast Florida is less seasonal than South or Southwest Florida, with fewer winter residents and more year-round employers. Direct hurricane landfalls have been less common here than on other parts of the coast, but storms still bring flooding along the St. Johns River and the beaches, so check insurance costs and flood zones.

Military families bring skilled workers and working spouses into the labor pool, though they also move on when orders change. St. Johns, Clay and Nassau have added the most new homes, and companies serving those suburbs have grown with them. Georgia is close, and some companies here serve customers across the state line. Work in Georgia may need Georgia licenses, so ask how much revenue comes from there and who holds those licenses.