Business Overview:
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 For more information on this business opportunity, please contact D. Joe Atchison at 951/678.1959 or j.atchison@sunbeltnetwork.com.
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Property Features and Assets:
Real Estate License ID: 01438544
Reason for Selling:
Operating partner desires to return to college.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: