Businesses for Sale

Established Preserved Plant Manufacturer

 

Manufacturing - Mfg-Flowers Artificl

Contact Information

D. Joe Atchison

Sunbelt Business Brokers Riverside

phone: (951) 277-4002
CONTACT US TODAY


Status Active  
Listing ID N789-JA
Listed Price $170,000
Down Payment $170,000
SDE $80,800
Total Sales $460,400

Asset Info

Included in price
Not included in price


Reason For Sale

Operating partner desires to return to college


Operations

Year Established 1969
Form of Ownership Undisclosed
Absentee Owner N
Franchise N
Days & Hours
Years Owned
Business Age 43

Location

California
Type of Location
Lease Expires
Security on Lease
Location Comments

Executive Summary

Business Description

This established Artificial, Preserved and Silk Manufacturer & Distribution company’s primary product is actual plants, flowers and trees that have been preserved by the company’s proprietary processes and sold as “Interiorscapes.” The Company’s B2B sales are to the domestic and international hospitality industry, and are well known because of the “commercial grade” quality of their product. The Company has done many commercial locations such as Casino’s and Hotels, both domestic and international. The company also sells B2C with their largest customer being a Big Box store. Their main Big Box customer is pressing them to sell into additional stores. 60% of revenues is generated by the company’s proprietary products.

Revenues could be increased considerably by accepting new retail stores as customers, attendance at trade shows and opening sales display rooms in industry buyer centers such as Las Vegas and North Carolina.

General Information
Year Established: 1969
Employees: 4 full time at a monthly payroll of $9,700.

Facilities: 11,020 square feet at a lease cost of $6,789/month on a month-to month lease. Seller owns the building and will write a fair-market-value lease.
The company also has a 10,000 square foot building in High Point, North Carolina, which can be used as an “East Coast Manufacturing Facility”. Seller owns the building and will sell or lease at a fair price.

Price Includes: FF&E and Tenant Improvements. $110,000 of inventory
not included in the asking price.

Support/Training: Seller will provide training
Reason Selling: Operating partner desires to return to college

Asking Price: $170,000

Gross Revenues: 460,400

Seller’s Discretionary Earnings: 80,800