Profitable Fertilizer Manufacturer
Manufacturing - Mfg-Chemicals
| Status |
Active |
| Listing ID |
N511-RA |
| Listed Price |
$4,225,000 |
| Down Payment |
$1,056,250 |
| SDE |
$225,407 |
| Total Sales |
$662,022 |
|
| Asset Info |
| Inventory†
| $100,000 |
| Furn., Fixtures & Equip.†
| $191,265 |
|
† Included in price
‡ Not included in price
|
|
Reason For Sale
Retirement
Operations
| Year Established |
1999 |
| Form of Ownership |
Corporation |
| Absentee Owner |
N |
| Franchise |
N |
| Days & Hours |
|
| Years Owned |
12 |
| Business Age |
13 |
Location
Central Valley
| Type of Location |
|
| Lease Expires |
|
| Security on Lease |
|
| Location Comments | |
Executive Summary
Business Description
This Fertilizer Manufacturer has produced consistent profit with one salesman and one operations manager. The California market for gibberellins alone is user reported at an average $96 million. An independent study shows GibbMax is equal or superior to its competitors.Mark Bookbinder, P.Hd. has estimated the cost of obtaining all EPA registrations in excess of $4 million. There are only two competitors nationally with a high cost of entry. This business would have the most value to a farm service company with a California sales force or a national fertilizer company who wants a gibb product.
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