• Listing ID: 1249128
  • (Seller ref: 1441)
  • (Broker license number: 200309075)

Manufacturer Of Proprietary Fountains In Clackamus County For Sale


Location:
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Asking price:
$260,000 (Furniture / Fixtures included)
Sales revenue:
$493,914
Cash flow:
$82,179
Years established:
7
Employees:
3
Relocatable:
This business can be relocated.

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This manufacturer of pondless fountain kits and artificial rock bubblers was formed in 2004 after the owners were frustrated by not being able to find suitable alternate products for a home landscaping project. This business' products offer a quick and easy solution to building a custom water feature that provides low on-going maintenance compared to traditional fountain installation methods that have proven to be time-consuming, difficult to install, and once completed, are high maintenance.

The company has nationwide sales, but its primary market is the Pacific Northwest where marketing efforts are focused. The owners of this business own a larger un-related manufacturing company that is their primary business. Because this is a side business, the owners have failed to devote the time and energy necessary to fully exploit opportunities and take this business to the next level.


Real Estate:
Lease
Lease terms:
Month-to-month
Location:
This business is currently located in Clackamas County, Oregon. This business is not location dependent, so a buyer could relocate this business to an area that they would prefer to live in for lifestyle reasons, if desired. While most of the company's sales efforts have been in the pacific northwest, the business could be located in most other parts of the country, which if moved to another geographic area may even help to diversify sales geographically.
Premises details:
Business is operated out of a 10,000 square foot manufacturing facility that is being rented on a month-to-month basis. All equipment necessary to operate the business will be transferred to a buyer including, but not limited to, a variety of artificial rock molds, mold stands, a variety of tools, a forklift, airless paint sprayer, and 5 complete trade show displays.

Expansion potential:
This business offers a great opportunity for those who are willing to put forth the effort. Costco has asked this business to participate in more roadshows than it chooses to be involved with. In 2010 the company participated in 24 Costco roadshows. Likewise, this company's products are sold through most of John Deere Landscape's Pacific Northwest stores, but there are 650 such stores nationwide that potentially could carry their product if relationships were built with other region's managers.
Competition / Market:
Unlike many products that have a small end user target market (i.e. a piece of equipment used in only one industry), this business has a large end-user market that includes any homeowner or business that wants a fountain. While there are other firms that sell reservoirs and pumps or that sell rocks and pottery, there are few that sell a complete kit that can be installed in 3 hours. The quality, durability, and light weight of the reservoir is also unique.
Support & training:
Seller will provide comprehensive training to buyer.
Reasons for selling:
Distraction from owner's primary business
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Seller will consider carrying some financing for qualified buyers
Inventory / Stock value:
$84,546
Related documents:

For more information about this business for sale, click the Contact Seller button.


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