Business for Sale Overview:
The March Group currently represents a full-service landscape design and installation company along with a full-service nursery; serving public, commercial and residential entities. As the public sector represents the majority of the Company’s business, it is not overly affected by the current downward economy. In 2007, the Company posted EBITDA of $174,000 on revenues of $2.4 million. Six month interim financials (06/30/08) show revenue at $1.8 million with projected 2008 year end revenues of $3.0 million and EBITDA of $330,000. Larger bonding capacity is credited for the increase in revenue, allowing the Company to take on larger projects. The landscape contracting and design segment represents approximately 80% percent of total annual sales, with the nursery generating the remainder. Services offered by the landscape segment include design, estimating, new installation, and follow-up services. The wholesale nursery specializes in growing trees and shrubs, with an average inventory of approximately $300,000. Available for sale along with the business are Company headquarters; a 2,400 square feet facility located on 20 acres of land and an additional 35 acres of land located only four miles from the facility.
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Property Features and Assets:
The Company operates out of a 2,400 square feet facility, divided equally between office and shop/storage space, situated on 20-acres of property. Approximately ten acres are used for the nursery’s plant production. In addition, there is 35 acres of land owned by the shareholders, located four miles away from Company headquarters. This property is available as part of the sale by the owners with the business, and represents ample growth opportunity for the Company.
Market Competition and Expansion:
Management believes there are significant opportunities to accelerate growth. Such opportunities include continued pursuit of an increased bonding capacity and further penetration into the currently served geographic and customer markets.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.