Business Summary:
This is a great opportunity for an individual or an existing company, to purchase from the founders, the business surrounding the patented “Incredible Plant Stand”. The supply base is set, and a large well established wholesale and retail customer base is already in place. There’s tremendous opportunity for growth in this business with wholesale, retail, and through infomercials.Sales average for years 2008-2010 were $203,436 with Cash flow generated of $74,883 average for that same time period. Revenue was down to 79,000 in 2011 as owner only able to work it part-time. View the web site - http://www.friendshipgarden.com/
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| Year
Business was Established: 1996 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
This product is a “business in a box” and can be moved. There are no facilities included in this sale. |
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| Potential
Growth/Expansion:
Continued growth can be achieved with expansion of wholesale and internet sales but there’s a tremendous opportunity for significant sales growth through infomercials.
Currently the product is marketed to Wholesalers through national garden shows and using internet and gift shows for retail sales. Both these types of marketing can be expanded for continued sales growth also.
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| Competition:
This is a patented product with minimal competition (a few unsuccessful copies).
The market is controlled by this patented product. There are over 500 wholesale and 2200 retail customers that purchase this product currently. There are actually 4 different SKU’s (stock keeping units) in the product family.
The market for this product is in garden enthusiast, wholesale stores, retail, and internet.
The “incredible Plant Stand” is #1 in the market place with gardening industry growth ongoing annually.
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| Owner
willing to train:
The owners are willing to work with a new buyer for a successful transition with appropriate training. |
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| Reason for selling:
The current owners are planning on retiring. |
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| This business is Home Based.
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Seller Reference Number: 41180554
BusinessMart.com Listing Number: 112783 |
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on this business
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