Wholesaler Landscape & Stone Products Business For Sale

Business description

This Virginia S-corporation, has been serving a major metropolitan area’s landscaping products and stone needs since 1973. The Company began by selling screened top soil from various construction sites. Over the years it developed a strong following among both contractors and homeowners. Eventually, the company expanded into its current location and covers 5 acres of land with inventory. The Company’s major products are topsoil, mulches, gravels, sands, and various types of stone products such as; wall stone, flagstone, boulders, thin stone, and cobblestones. The Company takes pride in its customer service with on-time delivery of all of their products. The Company delivers topsoil, mulch, gravel, sand, compost and amended soil. The Company also delivers natural hardscaping stone, patio stone, and flagstone as well as EP Henry pavers and wall systems, and Eldorado stone. The owner is of retirement age and current management does not have the capital necessary to buy the Company. In order to fund his retirement the owner has decided to sell the business. Therefore, the business is being offered for sale at the asking price of $2,900,000 plus inventory. An asset sale is anticipated.

Property information

Real Estate:

Lease

Lease terms:

5 yrs. w/ option

Location:

The business has four outside buildings for dry storage, one showroom building with four offices, and one other building used as an office building that houses five offices. These buildings along with the inventory of the business occupy approximately seven and a half acres of land in the heart of a major metropolitan area surrounded by major roads and interstates.

Other information

Expansion potential:

The Company’s total revenue has grown every year except for one for the last 15 years and every year since 2002. That is an incredibly strong trend and gives confidence to a prospective buyer that they are buying a healthy business and making a sound investment. Additionally, the business is located in the heart of a growing city that is a major metropolitan area and is thriving. This area is insulated against recession to an extent thanks to the government presence and numerous major employers. A comparable amount of land and location to what the Company occupies would be very difficult to find available for lease. The business is surrounded by major roads and interstates making it easy to get to and making delivery of its products easy as well. . Obviously, traditional growth efforts are available to a potential buyer as well. The utilization of an outside salesman to pursue commercial jobs might be a wise investment. Adding general landscaping services run out of the current location is a relatively easy new market the Company could enter. Additionally, a continued focus on marketing and an investment in expanding the Company’s already very nice website to include online ordering and pickup scheduling would be options as well. Expanding the geographical focus of the business is another option by making an investment in marketing to surrounding areas. The safety factor is that a prospective buyer already has an income stream they can count on, and can count on it growing, from which they can make decisions to reach the dynamic growth the Company is poised to achieve.

Competition / Market:

The Company’s major competitor on the stone side is located 5 miles outside of the city, virtually eliminating their walk-in business whereas this Company estimates 30% of its stone business is homeowner and walk-in. The Company is also located directly next to a thriving nursery creating a “one stop shop” for landscaping needs. There are other soil businesses, other gravel businesses, other mulch providers, and other stone companies, but there is no other company providing all of these products.

Support & training:

Available

Reasons for selling:

Retirement

Trading hours:

M-S

Financing available:

Yes

Furniture / Fixtures value:

$1,366,133 (included in the asking price)

Inventory / Stock value:

$698,140