Listing Number: 76931-972814
Open locally since 1981, this special business designs, creates and installs custom fountains, waterfalls and associated landscaping decor. One couple has owned and run the business themselves for over 40 years, and with it stellar reputation and over $1 million in fiberglass fountain and waterfall molds, this is a unique opportunity for someone to thrive in a valuable and niche industry. The business moved locations over a period of a year or more, and with the move plus COVID, wholesale and retail sales I have not been as robust as in previous years. However, when the owners invested time and marketing efforts into the wholesale side of the business, sales were as high as $1.5 million 15 years ago. Total sales for fiscal year 2022 should be close to $300,000. For the period of November 1, 2021 through March 29, 2022, total sales were $93,802 and that does not include a portion that come through in cash. It should be noted that spring and summer are by far the busiest months for sales.
The the majority of sales in the last two years are walk in and drive by retail sales, with a few local landscape companies purchasing wholesale. Such a unique and special line it sounds, waterfalls in statues, any buyer could rent and scale the business online and with local contractors and landscape companies to build a large for sale side of the business. Current SDE for cult to determine but should be around $100,000 this year. However, again, the real potential is in marketing and growing the wholesale in addition to the retail side of the business. The sellers are simply ready to retire!
The fiberglass molds are extremely valuable and uniquely designed by the owner himelf over the years. In fact, the waterfall molds were captured as he was rock climbing in Santa Barbara many years ago. There are options for installing ponds and associated landscaping with fountain purchases with subcontractors who are preferred partners. There are two full-time employees who know how to cast the molds and the fountains, waterfalls and statuary. Each fiberglass mold is used to make a rubber mold and that is good for 10 concrete pours until another rubber mold needs to be made.
The ideal buyer for this business would have a creative high and a desire to grow the sales and profit ability of this amazing and special business. It would be an ideal acquisition for somebody who does commercial landscaping and works with builders and contractors.
- Price: $ 585,000
- Down Payment: $585,000
- Sellers Discretionary Earnings: $ 100,000
- Total Sales: $ 280,000
- Location: Harris County, Texas
- Inventory: $ 30,000
- FF&E: $ 1,000,000
- Year Established: 1981
- Reason for Selling: Retirement
- Category: Construction