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Business description
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 down to $79,000 in 2011 as owner only able to work the busines part-time.
Property information
- Location:
- Located in Central Texas but can be moved anywhere
- Premises details:
- 300 sq feet of space used for distribution
- Size in square feet:
- 300
Business Operation
- Expansion potential:
- 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.
- Competition / Market:
- 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.
- Reasons for selling:
- Seller plan to retire
- Trading hours:
- Monday through Friday
- Employees:
- 1
- Years established:
- 1996
Other information
- Support & training:
- Seller will provide new buyer adequate training
- Relocatable:
- This business can be relocated.