POTTING SOIL MANUFACTURER

  • Listing# : 2965
  • Listed Price : $16,000,000
  • Total Sales : $11,058,275
  • SIC : 3999
  • Down Payment : $16,000,000
  • Status : Closed
  • Discretionary Earnings : $1,159,695

Business Type :

Manufacturing / Mfg-Agrarian Products

Business Description :

Co. produces potting soil & sold only in bulk to comm'l. nurseries to pot plants, then sold to retailers such as Walmart,Home Depot,etc. Potting mixes selected by nursery custmrs.& produced to spec w/ close quality control. Newly permitted 300-acre peat bog contains 9 million cubic yds avail for $7.5 million. Potential expansion oppty is to add bagging equip. & produce potting soil for other co. who have established retail brands. Very low-tech biz w/ long history w/o customer concentration issues.

Assets/Liabilities:

    • Accounts Receivable $1,550,000
    • Incl : No
    • Real Estate $7,500,000
    • Incl : No
    • Inventory $350,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $2,500,000
    • Incl : Yes
    • Other: $-500,000
    • Incl : Yes
    • Leasehold $0
    • Incl : No
    • Total Assets $2,350,000
    • Incl : Yes

Lender Prequalified: No

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Manufacturing