Searcher Needed for Mulch Biz in South ($800k SDE)

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July 08, 2024

by a searcher from The University of Michigan - Stephen M. Ross School of Business in New York, NY, USA

I've fallen in love with a mulch producer in the South. But the deal is a little too small for me to buy and run day-to-day. It would need someone to move there and run the biz hands on.

That said, I'd love to bring a searcher in and help him/her close the deal and stay involved as I love the business.

If you're interested in learning more, please book a quick call with me.

Below are details I can share pre-NDA.

$4.5M purchase price - a combo of land $3.0M and equipment/assets $1.5M.

$3.0M topline $800k SDE

The business makes mulch! Sells mostly B2B to landscapers, but also sells to homeowners in the area.

I love the business for a few reasons:
- Most mulch comes from the Northeast or upper Midwest, so this is going 'right to the source'
- The raw materials are practically free based on how they are sourced
- This is in a growing market with year-round homeowners and building managers who need mulch for their landscaping
- 504 loans are possible due to the land

Here is my calendly if you'd like to learn more. https://calendly.com/mattmatros/in-search-of-searcher?month=###-###-####

Full disclosure - I would take some sort of economics on this, likely a 'river guide' fee, but I'd like to also put equity into the deal.

-Matt

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commentor profile
Reply by a lender
from University of Missouri in Denver, CO, USA
I'd be happy to discuss from an SBA financing perspective, if needed. Reach out here or at redacted if interested. Good luck!
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Reply by a searcher
from Mississippi College in Jackson, MS, USA
Matt - what state is this in? We may have an interest if "deep south"? and my background is in woodproducts.
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