Buying a landscaping company in Treasure Coast

• 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 Martin, St. Lucie and Indian River counties on the Atlantic coast and Okeechobee and Highlands counties inland: Stuart, Palm City, Port St. Lucie, Fort Pierce, Vero Beach, Sebastian, Okeechobee, Sebring and Avon Park. Port St. Lucie is the largest city and has grown quickly as a suburb within reach of Palm Beach County to the south.

The coast draws retirees and winter residents, and health care, construction, real estate, boating and sport fishing are big parts of the economy. The coast lies in the Indian River citrus district, named for the lagoon. Inland, Okeechobee and Highlands are cattle, dairy and citrus country around Lake Okeechobee and along the ridge near Sebring, with many retirees of their own. Home service companies, the building trades, marine businesses and medical practices find steady customers here.

The coast is seasonal, with winter residents filling restaurants, golf courses and service schedules, and summer is quieter. Hurricane Nicole came ashore near Vero Beach in November 2022, and the region has a long history of storms, so check insurance, flood zones and how a business came through recent ones.

Water quality in the St. Lucie River and the Indian River Lagoon is a recurring problem, and in a bad year it can hurt fishing, boating and tourism businesses. Inland, distances are longer and the labor pool thinner. A company in Sebring or Okeechobee may be one of very few of its kind nearby, which can mean loyal customers and little competition, but also few people to hire. Most new homes on the coast are going up in and around Port St. Lucie.