Expanding Supplier of Christmas Greens & Holly
| Asking Price: | Not Disclosed | Inventory: | ** |
| Gross Revenue: | $4,000,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $565,000 (comments below) | FF&E: | $261,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2007 projection | |||
| Cash Flow Comments: 2007 projection - EBITDA | |||
The Company is a major domestic supplier of Christmas greens and holly products to wholesale and retail markets. Products harvested and prepared include wreaths, garland, evergreens, holly, and specialty items. The Company has successfully established relationships with over 100 customers, including some of the largest national grocers, florists, and garden centers. Customer markets consist of wholesale florists (41% of sales), retail food chains (37%), retail nurseries (13%), wholesale nursery distributors (8%), and mail orders (1%). The Company currently serves clients in the Northeast (27% of sales), Midwest (22%), Central (19%), Southeast (18%), and Southwest (14%).
Key features of the company include:
• Consistent sales growth (10.7% compounded annually from 2003 – 2005)
• Superior Name Recognition and Reputation- 50+ years of providing extraordinary service and a full line of Christmas evergreen and holly products
• Strong, long-term relationships with some of the largest national grocers, florists, and garden centers have resulted in a repeat business rate of 85%
• Excellent Growth Prospects – The Company has the potential to increase sales to new markets which should be easily penetrable
• Experienced management and staff available to remain with new ownership
Key features of the company include:
• Consistent sales growth (10.7% compounded annually from 2003 – 2005)
• Superior Name Recognition and Reputation- 50+ years of providing extraordinary service and a full line of Christmas evergreen and holly products
• Strong, long-term relationships with some of the largest national grocers, florists, and garden centers have resulted in a repeat business rate of 85%
• Excellent Growth Prospects – The Company has the potential to increase sales to new markets which should be easily penetrable
• Experienced management and staff available to remain with new ownership
About the Business
Year Established:1955
Employees:6 full time - 263 part time
Facilities:76,035 square feet of manufacturing, cold storage, warehouse and office space at 2 locations.
Market Outlook and Competition:This is one of very few such companies in the United States providing high quality Christmas greens products. Sales were up again in 2007 and prospects for the future are excellent.
About the Sale
Reason For Selling:Owners wish to pursue other interests
Seller Financing:Owners prefer an all cash transaction.
KEYWORDS: Christmas, Holly, Wreaths, Garlands, Swags, Evergreen, Pine, Holiday, Greenery, Cones
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