Business Overview

Are you ready to step into the world of manufacturing greenhouses to assist gardening enthusiasts with growing a private dream garden?
This Greenhouse Difference…American-made fiberglass greenhouses are superior In a sea of sameness, These Greenhouses boldly stand out from the build-it-yourself/do-it-yourself kit greenhouses that depend on breakable panes of glass or panels of plastic, plus consumer assembly, which online retailers and big box home improvement stores peddle. Sadly, most of those products are built or assembled overseas, with foreign materials and foreign labor, and many are meant to be thrown away in a few years. But NOT this greenhouse! Our products are ALL AMERICAN…materials, labor, and know-how…and are designed to perform like no others can, for decades! Our top quality fiberglass greenhouses offer the best heat retention in winter, the best interior light diffusion and dispersal for optimal growing, virtually no maintenance ever, greenhouse longevity that others can only dream of, and an industry leading Limited Lifetime Warranty to back it all up.

The coronavirus pandemic has set off a global gardening boom. In the early days of lockdown, seed suppliers were depleted of inventory and reported “unprecedented” demand. Within the U.S., the trend has been compared to World War II victory gardening, when Americans grew food at home to support the war effort and feed their families.
The analogy is surely convenient. But it reveals only one piece in a much bigger story about why people garden in hard times. Americans have long turned to the soil in moments of upheaval to manage anxieties and imagine alternatives. My research has even led me to see gardening as a hidden landscape of desire for belonging and connection; for contact with nature; and for creative expression and improved health.

These motives have varied across time as growers respond to different historical circumstances. Today, what drives people to garden may not be the fear of hunger so much as hunger for physical contact, hope for nature’s resilience and a longing to engage in work that is real.

Financial

  • Asking Price: $415,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $297,000
  • Inventory: $70,000
  • Inventory Included: N/A
  • Established: N/A
About The Facility:

Nestled in the heart of the Pacific Northwest, in the historic town of Tacoma, ”City of Destiny”, Washington, is the home of the factory of unique greenhouses and a team of skilled craftsmen who delight in building top-quality fiberglass greenhouse products for gardening enthusiasts across North America. It has been our home since 1991, and our entire staff here sends you warm greetings and sincere wishes for the years ahead to be filled with an abundance of happy gardening.

Is Support & Training Included:

4 weeks

Purpose For Selling:

retirement

Additional Info

The transaction shall not include inventory valued at $70,000*, which ins't included in the asking price.

The real estate is leased by the company for $5,000 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people choose to sell companies. However, the real reason and the one they say to you might be 2 totally different things. For instance, they might claim "I have a lot of other commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might just be justifications to attempt to hide the reality of altering demographics, increased competitors, recent decrease in incomes, or an array of various other reasons. This is why it is very important that you not depend absolutely on a seller's word, however instead, make use of the seller's answer together with your general due diligence. This will repaint a much more realistic image of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous companies take out loans in order to cover things such as supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can suggest that revenue margins are too thin. Numerous businesses fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that should be satisfied or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area draw in new clients? Most times, operating businesses have repeat clients, which form the core of their daily earnings. Certain factors such as brand-new competition sprouting up around the area, road construction, and also staff turnover can affect repeat customers as well as adversely influence future profits. One essential thing to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the greater the possibility to develop a returning client base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? Exactly how might the neighborhood median home earnings influence future income prospects?