Business Overview:
Business Summary: 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: 277,200For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, Ext. 303 or j.atchison@sunbeltnetwork.com
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Real Estate License ID: 01438544
Additional Details:
- The property is owned.
- 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: