Business for Sale

ABBAA

  INCORPORATED

Asking Price:  $2,900,000 USD USA Dollars

Industry:  Wholesale/Distribution: Durable Goods

Reason for Selling:  Retirement

Year Established:  1973

# of Employees:  24

Yearly Revenues:  $5,776,705

Yearly Cash Flow:  $866,458

 

Overview:

This Virginia S-corporation, has been serving a major metropolitan area’s landscaping products and stone needs since 1973. The Company began by selling screened top soil from various construction sites. Over the years it developed a strong following among both contractors and homeowners. Eventually, the company expanded into its current location and covers 5 acres of land with inventory. The Company’s major products are topsoil, mulches, gravels, sands, and various types of stone products such as; wall stone, flagstone, boulders, thin stone, and cobblestones. The Company takes pride in its customer service with on-time delivery of all of their products. The Company delivers topsoil, mulch, gravel, sand, compost and amended soil. The Company also delivers natural hard scaping stone, patio stone, and flagstone as well as EP Henry pavers and wall systems, and Eldorado stone. The owner is of retirement age and current management does not have the capital necessary to buy the Company. In order to fund his retirement the owner has decided to sell the business. Therefore, the business is being offered for sale at the asking price of $2,900,000 plus inventory. An asset sale is anticipated.

Property Features and Assets:

The business has four outside buildings for dry storage, one showroom building with four offices, and one other building used as an office building that houses five offices. These buildings along with the inventory of the business occupy approximately seven and a half acres of land in the heart of a major metropolitan area surrounded by major roads and interstates.

Market Competition and Expansion:

The Company’s major competitor on the stone side is located 5 miles outside of the city, virtually eliminating their walk-in business whereas this Company estimates 30% of its stone business is homeowner and walk-in. The Company is also located directly next to a thriving nursery creating a “one stop shop” for landscaping needs. There are other soil businesses, other gravel businesses, other mulch providers, and other stone companies, but there is no other company providing all of these products.

Additional Details:

The property is leased.

The owner is willing to train/assist the new owner.

The owner is not willing to work for 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.

 

Return to Sales

        Stone and Landscape Products                Wholesale and Retail Location

                     Fairfax, VA

1-800-843-2658