Businesses for Sale

Plush Toy Manufacturing Company

 

Manufacturing - Mfg-Promo Products

Contact Information

D. Joe Atchison

Sunbelt Business Brokers Riverside

phone: (951) 277-4002
CONTACT US TODAY


Status Active  
Listing ID n745-JA
Listed Price $695,000
Down Payment $695,000
SDE $277,200
Total Sales $1,185,146

Asset Info
Inventory‡ $400,000

Included in price
Not included in price


Reason For Sale

Retirement


Operations

Year Established 1964
Form of Ownership Undisclosed
Absentee Owner N
Franchise N
Days & Hours
Years Owned
Business Age 48

Location

California
Type of Location
Lease Expires
Security on Lease
Location Comments

Executive Summary

Business Description

This Southern California based manufacturer of stuffed animals, creates its own successful designs and then has the “skins” manufactured in Asia and shipped to their factory. The skins are then stuffed with foam and sold to amusement parks and fairs. The Company has an effective website with an online catalogue displaying their many families of proprietary and generic plush toys, with hard fill and soft fill. They carry all sizes of plush animals from 4” all the way up to 60” tall. They are one of the most respected plush toy manufacturers in the industry.

Established for 48 years, the Company has three full time employees and occupies a 10,500 square foot building – 1,500 sf of office and a 9,000 sf of production and warehouse (+about 4,000 sf of trailer storage) area. The seller owns the building and will write a new lease if buyer chooses to stay and is open to selling the building at market. Seller willing to provide extended transition time or consult on a part-time basis.

General Information

Year Established: 1964

Employees: 3 full-time employees at a monthly payroll of $10,500. Casuals added during the busy season.

Facility: 10,500 square foot facility at a lease cost of $5,250 per month. Owner is open to selling the building at fair-market-value.

Price Includes: Furniture, fixtures and equipment. Inventory of $500K not included

Support/Training: Seller will provide training

Reason Selling: Retirement

Asking Price: $ 695,000

Gross Revenues: 1,185,146

Seller's Discretionary Earnings: 277,200

For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, Ext. 303 or j.atchison@sunbeltnetwork.com