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Business Listing
| Listing No: | 11901-RG |
|---|---|
| Category: | Wholesale: WHOLESALE, MISC. |
| Description: | Landscape Supply Wholesale/Distribution |
Business Details
| Revenues: | $2,426,422 |
|---|---|
| Adjusted Cash Flow: | $407,129 |
| Selling Price: | $1,650,000 |
| Down Payment: | $495,000 |
| General Location: | Sarasota/Manatee County Area, Florida |
Executive Summary
WHOLESALE LANDSCAPE SUPPLY AND DISTRIBUTION. This transaction has been prequalified for SBA ten year financing for a qualified buyer. This business was established in 2002 by the two current owners and has been operated by them since. Products include a full line of most materials used in professional retail and commercial landscaping businesses, including mulches; organic pesticides, herbicides and fertilizers; tools; soil; shell; and numerous other products. The bulk of its sales are wholesale, with only minimal retail sales. It operates in a multi-county area, and services include delivery of bulk items. The business has had excellent growth since inception, which declined in 2009 only because of the downturn in new building construction in the local economy and general economic conditions. Sales resumed growth in 2010 and are projected to increase again in 2011. Adequate land area at the existing location would provide for substantial business expansion and growth. This is one of the few businesses of its type in the area, and significant new opportunities for growth exist to expand the business into additional areas, including new products, addition of a retail outlet, and geographic expansion. It is located on a major urban thoroughfare projected for significant growth and ready access to Interstate 75. Price includes $479,200 FF&E and $150,000 Inventory. Land is owned by one partner and is not included in the sale. Owner will rent land (seven acres) to buyer at $2,000 per month plus sales tax. Current rent is included in the financial statement recap.
Last revision: 2/13/2012 10:02:00 AM
