Profitable Mulch Manufacturer located in Georgia/Tenn. Corridor
Seller Financing Available
Asking Price:   $1,650,000Inventory:   $20,000 ++
Gross Revenue:   $600,000 (comments below)Real Estate:   $1,000,000 ++
Cash Flow:   $240,000FF&E:   $384,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Increased dramatically in past 3 years
This company is a manufacturer of quality mulch products strategically positioned in North Georgia between Atlanta and Chattanooga. The company has over 12 acres of land located only 5 minutes from Interstate 75. The yard has been environmentally engineered to satisfy the strictest of development codes and is equipped with a DOT approved Accel/Decel Lane. A fully equipped expandable steel building has the bagging capacity to deliver 36 bags per minute on a multi-shift operation. The purchase price of $1,650,000 includes land, building, equipment, inventory and accounts receivable valued at over $1,414,000. In addition to the hard assets included, the company has over $600,000 in sales to niche players with an average gross profit margin of 40%. The uniqueness of the customers also serves to even out the production curve for what would normally be considered a seasonal business.

About the Business
Year Established:1999
Employees:4 full time -
Facilities:The company has over 12 acres of land located only 5 minutes from Interstate 75. The yard has been environmentally engineered to satisfy the strictest of development codes and is equipped with a DOT approved Accel/Decel Lane. A fully equipped expandable steel building has the bagging capacity to deliver 36 bags per minute on a multi-shift operation.
Market Outlook and Competition:The company is strategically positioned in a Georgia/Tennessee corridor that would enable suppliers of mulch or related landscape products to efficiently service big box retailers.
About the Sale
Reason For Selling:Owner is nearing retirement age.
Seller Financing:Owner will consider some limited financing for the ideal buyer.

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Business Listed By
Patrick Harkins, CPA, MBA & CBI  |  Anchor Business Advisors, Inc.
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