Nursery – Sold

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Asking Price: Offered at $1,217,450 + minor debt assumption for business + $540,000 for real estate
Gross Revenue: $2,582,825
Seller Discretionary Earnings (SDE): $398,460
Employees: 10 + 2 owners
Description

This business, founded in 1996 and currently owned in a 50/50 partnership, provides trees and shrubs to landscapers, builders and retail/residential customers in the greater Charleston area. The business has a diverse base of clientele.

The business is being offered for sale through the purchase of 100% of the S-corp stock. The sellers purchased the company through a stock sale. One of the reasons was three of the employees were grandfathered into the e-verify process during a December 2010 labor audit. A stock transaction will maintain the grandfathered status.

A full offering memorandum and financial package is available for review.

 

Contact Scott C. Hopper for more Information 843/343-5765 or SH@charlestonbusinessbrokers.com.