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Specimen Palm Tree Harvest & Wholesale

  • 1463
Specifications
EBITDA$1,365,000
Revenue$9,959,000
Client CodeWHO078
EBITDA Range 1M-1.5M
Revenue Range 5M-10M
Sector Agriculture
Region Southeast-US
Deal Structure Full-Sale
HeadquartersSoutheast, US
Description

The company specializes in the growth and sale of Specimen Palm trees and serves the domestic and international wholesale and retail markets

 

Key Aspects
· Approximately $8M in unencumbered assets, not reflected in the financial statements
· Farm-produced palms are currently of saleable size, which will increase revenue
· Exclusive dealership contracts with the two largest producers of Medjool Date Palms
· Patented soil removal/root encasement technology
· Operations in Texas and Florida, with an established distribution network
· Exclusive database of mature palms
· Exceptional management expertise
· Well established brand and industry-leading name across the Southern United States
· Scalable business model

 

Opportunities
· Integrate products into the Western United States
· Capture international market share by promoting the patented soil removal/root encasement technology
· Develop the Specimen palm maintenance services
· Expand the landscape construction service division
· Expand advertising revenue streams
· Increase the sales force
· Promote proprietary customer relationship management system to improve operational efficiency and optimize supply chain network

 

 

Real Estate
The company owns properties in Florida and Texas. The company’s operating facilities are used as specimen palm nurturing, marketing and distribution centers. The farm properties are used for inventory production. These properties can be negotiated as part of the sale.

 

Ownership
The company is owned by the president and a group of silent investors. The active owner is open to either a full or partial sale with an equity partner, to help the business expand its physical distribution plant and continue to grow.

 

Key Indicators

Year End
12/31/2017
Audited
$’000
12/31/2016
Audited
$’000
12/31/2015
Audited
$’000
12/31/2014
Audited
$’000
Turnover 9,959 9,530 9,525 8,987
Gross Profit 3,428 2,849 2,290 2,391
Adj. EBITDA* 1,365 1,256 758 921

* Profit before interest, tax, depreciation and amortization (non-cash items)