Largest Nursery & Hardscape Supplier in Durango CO

Durango, CO
La Plata County


Asking Price: Annual Revenue:
$1,500,000 $3,285,000

Services: Landscaping & Lawn Care


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RE: Largest Nursery & Hardscape Supplier in Durango CO Broker: Bill Scott

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $3,285,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: $2,000,000
Year Established: 2001
Employees: 37
BBN Listing #: 15210489
Broker Reference #: 1882

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Business Overview:

This is the Premier Landscape Material and Plant Supplier in Southwest Colorado. Employees are aware and supportive of sale. The Owner is not needed for day-by-day operations but is willing to stay on as needed. The Owner is not concerned about public knowledge of the sale. The company owns senior water rights on Animas River with pumps and storage in place generating 0.4CFS for nursery operations. All equipment is included in sale price. Due to seasonality of business, the inventory will be counted and added to sale price at time of closing. The Business is located in an ideal location just south of town where all future development is planned– it can be purchased or leased long-term.

Superior reputation and long-term customer relationships.
The Seller has operated this business for 20 years. The Company enjoys long-term customer relationships and estimates that over 90% of sales are derived from repeat customers. Clients include virtually every landscape contractor in the area. Approximately 60% of the Revenue is from Commercial Contractors.

Loyal Seasoned Staff.
Employees are well trained and loyal. There is low turn-over from year to year. Self-directed employees can be relied on when Owner is not present. The company does hire summer seasonal staff members that return. Employees are aware of the sale of company, however, we respectfully request that no communication about the sale occurs without Broker and Owner present.

Real Estate.
9.5 Acres that are well planned out can handle future growth. Approximately 6 acres are owned by Seller and another 3.5 acres are on long-term lease with potential to purchase. Purchase of Real Estate is not required with purchase of the business although it is highly recommended as it was designed specifically for this business with room for expansion. If the real estate is not purchased, a long-term lease will be provided at $80K/yr NNN with fair escalation and an option to purchase in 10 years at the appraised value at that time. All buildings and improvements are included. It is expected that the city of Durango will annex the entire area which should increase the property value significantly.

Exclusions / Inclusions. This business is priced as an Asset Sale with typical exclusions of AR, AP, and CASH. All Furniture, Fixtures and Equipment (FFE) and Leasehold Improvements are included in the price.

Owners Duties.
Strategic Management and Community Involvement. Owner will continue to provide consulting in this area if desired by Buyer. A fair compensation for this can be determined at time of purchase.

2018 2019 2020 2021
Net Sales 2.437 MM 2.389 MM 3.050 MM 3.285 MM
Adjusted SDE 210 K 246 K 583 K 484 K

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Reason for Selling:

Retirement

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.

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