Highly Profitable, Turnkey Plant Hanger Wholesale
Business Description
Step into a highly profitable New Hampshire-based designer and wholesale supplier of decorative plant hangers and home décor accessories. The Company initially established itself as a niche market leader in fabric plant hangers, with a patent on its unique fabric plant hanger design. The Company now offers an extensive catalog of 250+ SKUs including macramé hangers, all-natural jute and cotton rope hangers, wall planters, and related décor items. The Company’s products are sold nationwide through big-box retailers (including 2000+ Home Depot stores), hardware chains, and garden center distributors.
About the Business
- Years in Operation
- 19
- Facilities & Assets
- The Company operates out of a modern 5,000sq/ft warehouse in Hudson, NH and an additional 6,000sq/ft for inventory storage also in Hudson. The current lease term is month to month, but the landlord will convert to a term lease. This provides an acquirer with the flexibility to continue from the current location or to relocate operations to tuck-in to a buyer’s existing space/workflows.
- Market Outlook / Competition
- The Company has established a strong niche in the plant hanger market with high-quality, trend-forward designs and broad distribution through major retailers and local garden centers. Competition is limited, with small-scale artisans and a few private-label brands lacking comparable variety or focus. A patent on fabric hangers and early entry into big-box retail further reinforce the Company’s market position and make replication difficult for new entrants.
- Opportunities for Growth
- Revenue has followed a pandemic-driven arc, with profitability sustained throughout. The company hit $1.1M in 2019, grew 56% to $1.8M in 2020, then peaked at $3.1M in 2021. Revenue corrected to $2.4M in 2022 and $1.65M in 2023 before stabilizing at $1.56M in 2024 amid transitions. Profitability remained strong, with adjusted EBITDA margins above 57% in five of six years (peaking at 70%), averaging $1.0M+ EBITDA on ~$2M revenue from 2021–2024.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Transition to retirement
- Transition Support
- Owner is committed to a smooth transition and will provide hands-on training to ensure ongoing success. In addition, the owner is willing to maintain a physical presence at key trade shows throughout the year, supporting continuity with customers and strengthening industry relationships.
Listing Info
- ID
- 2419751
- Listing Views
Listing ID: 2419751 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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