|
Profitable Landscaping Products Supplier in SC for Sale in Upstate, South Carolina
| Reference #: |
41590030
|
| Location: |
Upstate, South Carolina
|
| Price: |
$2,000,000 |
| Amount Down: |
$200,000 |
| Revenues: |
$1,255,771 |
| Discretionary Earnings: |
$466,505 |
| Total Assets: |
$509,060 |
| Business Description: |
Supplying a variety of landscaping products to wholesale, commercial, and residential customers, this business enjoys a high profit margin and strong stable cash flow. With over 10 years of operating history, the company has well-established relationships with its suppliers and its customers.
The business currently operates without the full-time operational involvement of the owner. This represents an excellent opportunity for an existing company in this market to make a strategic acquisition or for a full-time owner-manager to step in and focus on further growing the business.
This business acquisition has been pre-qualified for an SBA guaranteed loan. A qualified buyer may be eligible for a financing package that requires a downpayment as low as 10-25% of the total project costs, including working capital financing. With SBA funding, the buyer down payment may range from $215,000 - $535,000.
This business is one of the largest in its market segment. Although the business has high exposure to the construction and maintenance of commercial and residential properties, the business has been fairly stable in spite of the general downturn in these markets with 2009 revenues 4% above 2007 revenues.
Due to varied business interests, the current owner of the business dedicates a just portion of time to overseeing the business. Although the company enjoys a stable base of business with limited owner involvement, there is an attractive growth opportunity for a new owner who is able focus on new business development.
The business utilizes a variety of specialized equipment with a gross value of over $2 million, all of which is fully owned by the business. The majority of the equipment is less than 5 years old although it has been depreciated for tax purposes to a net book value of $259,060 as of Q3/2010. The real estate associated with the business comprises over 3 acres.
Seller will provide extensive turnover and training as part of the transaction. In addition, seller will be available for long-term consultation on an as-needed basis on negotiable terms.
[Note: Real property associated with this business is offered through Only Way Realty South Carolina LLC, for which the VR broker is a licensee.] |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
|