Commercial Landscaping & Grounds Maintenance Company, ~80% Recurring Revenue, South Texas
Project Evergreen is a commercial landscaping and grounds maintenance company in South Texas, operating for about three decades (owner-reported) and coming to market for the first time as its owners retire. About 80% of revenue is recurring maintenance for commercial clients: retail centers, multifamily properties, financial institutions, restaurants and other commercial properties, billed monthly across 129 billing lines and 81 customer relationships. Revenue was $2.04M in 2023, $2.16M in 2024 and $1.99M in 2025. Adjusted EBITDA averaged approximately $548K a year over 2023 to 2025 ($556K, $636K and $451K) after an assumed $90K general manager, with 2025, the softest year, at approximately $451K to $497K (Delta Brokers' draft calculation, pending the owner's confirmation of the second owner's role; the full bridge is in the CIM). 2026 is pacing lower, at about $1.84M: the owner reports that a retail-center client moved several properties to another provider earlier in 2026 and has since re-signed 3 centers on a 4-year term. Pricing is based on 2025, the last full year. The largest client group (one property manager) is about 19% of recurring billing, and multifamily properties together are about 40% (ownership being confirmed). The company self-performs grounds maintenance, tree care, irrigation, stump grinding and installations, with trained crews, fleet and equipment in place, and the owners will support a structured transition. Asking price: $3.3M for the business. Asset sale; cash or SBA 7(a), subject to lender approval. The operating facility is available to the buyer of the business, to buy or lease, through Amy Herrera, RE/MAX Elite (Amy Herrera is affiliated with Delta Brokers). Indications of interest are due Friday, November 20, 2026. Figures are owner-reported and unaudited. The teaser, confidential information memorandum and process letter are released to qualified buyers after a signed NDA. Please do not contact the company, its employees or customers; all inquiries go through Delta Brokers.
Highlights
- About 80% recurring commercial maintenance revenue, billed monthly
- 3-year average adjusted EBITDA approximately $548K (2023 to 2025, draft, after an assumed $90K general manager)
- Revenue of $2.0M to $2.2M a year from 2023 to 2025
- 81 customer relationships; largest client group about 19% of recurring billing
- Self-performing: maintenance, tree care, irrigation and installations, with crews and fleet in place
- Asking $3.3M for the business; cash or SBA 7(a). Indications of interest due Friday, November 20, 2026
About this opportunity
Delta Brokers represents this services business in South Texas, TX. Because this is a confidential engagement, financial detail is shared with qualified buyers under a non-disclosure agreement. To learn more, send an inquiry and a partner will follow up promptly.
Regulatory and diligence notes
- Figures are owner-reported and unaudited, and subject to confirmation in due diligence.
- Adjusted EBITDA is Delta Brokers' draft calculation from the owner's financial statements and tax returns, using assumed general manager and office administrator costs explained in the CIM.
- Customer-level detail and contract terms are provided under NDA.
- The operating facility is offered only through Amy Herrera, RE/MAX Elite, under a separate listing (Amy Herrera is affiliated with Delta Brokers); Delta Brokers does not opine on property value or rent.
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