Business Summary:
This well respected and vertically integrated wholesale nursery provides top quality trees to the landscape and nursery industries. They field grow over 120 varieties on 70 well maintained prime acres in Southern California – planted with approximately 30,000 mature trees, many of which are in containers. The trees are fully irrigated with drip systems. The Company serves CA, AZ & NV and specializes in the growing, import and installation of large specimen trees as well as the relocation of existing trees. 65% of revenues are from the sale of trees and 35% from installation and relocation. Sale could include a 33 acre project in Palm Desert that is growing 7,500 desert friendly trees. The company has its own wells to keep the cost of water low.
Customers include real estate developers, landscape contractors and architects, shopping centers, golf courses, hotels and large public venues. Since the Company does no advertising, 100% of revenues are generated from repeat and referred customers. The company has a complete website. Experienced and loyal staff in place. Only three competitors in California.
This is an outstanding opportunity for a patient investor who has the ability to weather the current economic slow-down and harvest the Company’s vast under-priced tree inventory in future years. The owner is willing to provide an extended training period. Owner is willing to carry a ten-year note for the inventory of trees. Real estate, which is in the path of development, is available for lease with a purchase option.
Year Established: 1993
Employees: 10 Full-time and 7 part-time with a monthly payroll of $33,000
Facility: 19 acres owned by seller with several structures, and 50 acres of trees on leased land.
Price Includes: $1M+ of cranes, trucks & trailers, backhoes and related equipment – most are late models and all are well maintained. Real estate valued at $2.5M can be leased on favorable terms with a purchase option. Inventory valued at $20.1M could be discounted heavily and purchased on a ten-year note.
Support/Training: Seller could provide training for an extended period.
Reason for Selling: Owner desires to slow down
Asking Price: $2,500,000
Gross Revenues: 1,201,500
For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, Ext. 303 or j.atchison@sunbeltnetwork.com.
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