WHO078

Specimen Palm Tree Harvest & Wholesale

Southeast US
 

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
       
       
       
      Year:

      2015

      Audited

      '000

      2016

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      2017

      Audited

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      2018

      Reviewed

      '000

      Turnover9,5259,5309,9594,721
      Gross Profit:2,2902,8493,4281,571
      Adj. EBITDA *7581,2561,365571
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited