New Mexico Bio Cycle Soil Amendments Business
Central Region, New Mexico
Listed Price: $ 530,000
Listing ID: 1576651
Listing DetailsGross Revenue: $ 670,976
Cash Flow: $ 253,587
FFE: $ 114,939 (Included in Price)
Inventory: $ 459,500 (Included in Price)
Reason for Sale:
Seller will retire.
Training & Support:
Training and transition is to be negotiated. The General Manager can take over most of the current owner’s duties. The Seller will provide ongoing consultation on xeriscaping/landscaping projects if so desired by new owners.
OperationsYear Established: 1997
Employees: 6 FT
Absentee Owner: No
LocationLease Expire: 0000-00-00
Seller owns the ten-plus acre parcel of land with water rights and will lease to new owners at current rate.
This bio cycle business specializes in quality retail and wholesale soil and soil amendments. The compositing facility and green waste recycling program serve the area’s residents, restaurants and businesses. A recently introduced product for the cannabis growers market is starting to take off.
The $670,976 in Sales and $231,283 in Seller's Discretionary Income reflects the business' performance for the nine months of 2019 (Jan 1 - Sept 30, 2019).
New owners will inherit approximately $75,000-worth of product valued at wholesale that is available for sale today. About 57 percent will be sold at significantly higher retail prices. Over 10,000-cubic yards of unscreened compost is in the process of maturing and will become available over the next two years. While some shrinkage is expected, the ultimate wholesale value is estimated to be around $384,500 and is included in the price. Again, approximately 57 percent will sell at the much higher retail rates. This will provide new owners a secure, ongoing source of product.
Competition is limited.
This market is expanding to Colorado, Arizona and Texas as Soilutions’ reputation, outreach and range of products grows. The current owners has recently invested $20,000 into R&D on products uniquely suited to the cannabis growers market.