Mfg-Wholesaler-Retailer Silk Plants SDE-$108k Annually

This Manufacturer, Wholesaler and Retailer of Custom Silk Plant Products has been serving Orange County for over three decades. They sell their custom products primarily to wholesalers and businesses but do sell a small portion direct to the public. Annual Revenues are around the low $300,000 mark and they anticipate revenues near $330k in 2021 with Anticipated Adjusted Profits-SDE of $108k. Owners are retiring but will stay on for training and a reasonable transition. This business is great for an artistic person or a businessperson with a design sense. A person with internet marketing skills could increase sales. Inventory is included in the price and is estimated to be $70,000. Location: Orange County, California Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 2,323 Rent: $4,692.00 Per Month Lease Expiration: 5/31/2023 Facilities: The 2323 square foot facility is located in a designer center. Rent is $4,692.46 (2.02 per square foot). Lease expires in May of 2023. Market Outlook/ Competition: Well established competitors and some are friendly. Growth & Expansion: Growth is very possible to a younger generational person with internet and marketing skills. The business is great for a person with an artistic flare.