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With nearly 100% of their work coming from referrals and word of mouth, this decorative concrete installer and specialty garden retailer has seen continued growth since 2016! With a 53% profit margin in 2020 and a 45% profit margin in 2019, this company designs, installs, and maintains a niche, in demand, and high utility concrete product while also selling and installing specialty garden products related to their other work. 55% of revenues coming from concrete installation, 39% from retail, and the other 6% from subcontracting add-on services that utilize local landscapers and contractors, they have a well-established product line to supply the growing, and legal medical cannabis industry that has a huge potential for growth. Already in March of 2021, YTD retail sales revenue is up 180% and net income is up over $39,000. A very small team of employees has maintained these high margins with a low labor cost. This company has over 2,000 residential concrete clients and thousands of retail store clients, including high repeat clientele. This company closes more than 95% of estimates they perform. This company has strong cash flow and does not have any issues collecting payment, resulting in zero A/R.
The company has many years of experience in a niche specialty growing supplies industry and has relationships with major vendors and distributors. They are well known for their expertise in this growing specialty industry. This retail category has a huge untapped potential as medical marijuana has just become legal in Missouri. This portion of the business has exponential growth potential and could possibly be spun off into its own entity with multiple locations as the industry evolves. Also, by adding equipment, personnel and advertising , the concrete side of the business could easily be doubled or tripled with the leadership of a motivated buyer.
At the purchase price of $1,650,000, a 12.5% down payment of $206,250 returns $238,467, which is a 116% return on investment in the first year!
Real Property Included
Kansas City Metro Area
3,850 sq. ft. on a 1.4-acre property – parking for trucks, trailers, and equipment, 10,000+ sq. ft. of retail outdoor display area, office space, consultation area, warehouse
Expand on services and add to team and equipment to meet the untapped potential of work. Expansion of hydroponic and organic gardening products.
Retail Store Hours: Tuesday-Saturday: 10:00am-5:00pm
Purchase Price: $1,650,000
12.5% Buyer Down Payment $206,250
12.5% Seller Financing or Equity $206,250
75% Bank Loan $1,237,500
A 12.5% down payment of $206,250 returns $238,467 in the first year after debt payments!
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