Financial Information
Asking Price: $2,952,500
EBITDA: $742,610
Gross Revenue: $4,483,870
Cash Flow: $742,610
FF & E: $200,000
Inventory: $200,000
Financing:
Business Location
SE USA
Description
This company has been in business for 15 years and designs and manufactures private label lawn and garden accessories for some of the largest retailers in the country. Today the company owns hundreds of cutting edge designs that span the lawn and garden sector including; fire pits, grills, patio furniture, gazebos, pergolas, arbors, planters and lawn décor. The Owners started an e-commerce division in 2015 to sell directly to consumers and expand their wholesale distribution business. Launching approximately 30 of their designs on platforms including Amazon, Home Depot.com, Hayneedle and Wayfair, the company has exceeded 1.2 Million in revenue through these platforms in the trailing 12 months with plans to offer more of their products through these channels in 2018.
INVESTMENT HIGHLIGHTS:
- The Company owns and has invested in the tooling for hundreds of unique designs across several lawn and garden categories, from fire pits and furniture to gazebos and garden art.
- The Company owns 2 patented products that each have sold over 1 million units in traditional retail settings that have not been deployed through Ecommerce channels and are included in the sale.
- Their manufacturing partnership and streamlined operation allows them to out produce and outprice competition.
REASON FOR SALE:
A dire health issue of one of the two partners forces the sale. The active partner in the business will stay on to ensure a smooth transition and may be open to remaining long-term under the right circumstances.
This Manufacturer of Lawn and Garden Accessories Company for sale is presented by Sunbelt Business Brokers – Atlanta, a division of Sunbelt Network, the largest organization of business brokers and M&A Professionals in the world. As a full-service firm with a global reach, the team at Sunbelt Business Brokers – Atlanta has provided main-street and lower middle market business owners with unsurpassed deal expertise since 1998. For more information on this company for sale contact: Doreen Morgan at dmorgan@sunbeltatlanta.com or 770-936-9099 Ext. 800.
