Premium Palm Tree Distributor
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3600000
Net Profit / Cash Flow $690815
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training 3 weeks/ 30 hours.
Reason for Sale Other business ventures.
Description This high growth premium palm tree distributor has served the southwest United States for almost 20 years providing landscape contractors, designers, and homeowners the finest palm trees available. Primary customers include commercial developers, landscape contractors, hotels, golf courses, municipal districts, estates, tree brokers, as well as residential developers. Recent overhauls of the business model and the firm's operations have led to an increase in efficiencies and resulting profits. Now managed as a highly professional corporation, the firm is poised for significant growth.
The business operates from an 11-acre facility with low monthly lease payment of $3,750. The sale includes all the assets of the business including over $700,000 in heavy equipment, cranes, trailers, and trucks, as well as 18 years of goodwill comprised of vendor and customer relationships, trained workforce in place, reputable name, and website. Inventory will be valued at cost at close and may be financed by the seller in a short term note to be negotiated.
Competition is considered relatively low. While there are other distributors of palm trees in Southern California, there are only 2 other companies that carry the rare specimens this company offers its high-end client based.
The business is poised for significant growth. The recent overhaul of the business model has positioned this company to grow exponentially, based on a new owner's vision and goals. The current owner has developed a system to reduce the cost of handling the inventory and has implemented a sophisticated ''just in time'' inventory management system. Current year growth is expected to be over 30% prior to any marketing campaigns or incentive offerings. Contact for more information on this Premium Palm Tree Distribution business for sale.
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