Category:
PH10672 - Wholesale & Distribution
Location:
Northern California - Northern California
Business Description:
This company offers the broadest line of drip irrigation products on an industry leading eCommerce platform, serving both retail and wholesale customers. They employ the latest digital marketing tools driving traffic to their website and use the latest industry software to manage all aspects of their operations. The owner co-founded the company in 1991 and is ready to retire, having scaled back his working hours to 20-25 per week. The owner has a strong team in place led by a general manager who has been with the company for 10 years and wishes to remain in that role after the business is sold. The business sources most of its products from US based manufacturers.
Inventory (included):
$1,000,000
12 Months Ended
12/31/2021
$8,489,483
(Sales)
$1,058,384
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$8,729,769
(Sales)
$1,328,502
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$5,814,662
(Sales)
$617,302
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$5,837,434
(Sales)
$455,946
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 23 | 0 |
| Owners | 0 | 1 |
Hours of Operation
M-F 7am - 5pm
Licenses Required:
Monthly Rent Including NNN:
$6,937
Expires:
11/2022
Option:
For 2 years
Size(sq.ft.):
8,500
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
4 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.