Seeds Inc. is an investment grade opportunity consisting of an on-going business in the grass seed processing
industry that processed a recent high of 26 million pounds in 2018. There are three plant locations; Nezperce,
ID, Worley, ID and one location shares the WA/ID border in Tekoa, WA/Plummer, ID. The asset locations are
strategically placed in the heart of the Pacific Northwests bluegrass production country. With easy highway
access to and from all locations, the headquarters, located in Tekoa, WA in Whitman County, is only a short, 20
minute drive to the Worley location and two hours from the Nezperce plant.
The Seeds Inc. operation includes domestic and international sales channels and contracts with regional seed
producers for supplies to meet distribution demands. This asset covers over 28 acres across its three locations
and includes processing plant and storage warehouses, fu...
and includes processing plant and storage warehouses, fully operational greenhouses, full staffing to run the
daily operations and all operating equipment to continue and grow the multi-faceted operation. Additional
business components include a wholesale greenhouse operation that provides native plant species to landscapers
and government contractors and a dedicated feed pelletizing operation.
The cornerstone of the business model is cleaning and distribution to the wholesale market of Kentucky
Bluegrass seed. There are several proprietary grass seed varieties and blends that the company has exclusive,
protected rights to. This seed processing asset has a total of five seed cleaning lines that are operated year
around and each location is also capable of pelletizing the bi-product materials, created during the cleaning
process, into forage pellets for livestock feed. At the Worley, ID location, an additional income stream is created
by a dedicated alfalfa pelletizing operation.
Patent protected technologies that use the core aspects of the business help create additional opportunities
to grow the company and offer further diversification. The last three years have shown significant growth in
EBITDA and the current year is expected to hold a stable balance sheet and profit and loss statement despite
the pandemic induced market volatility. Existing management and employees are in place to continue operations
through and post-acquisition. The company currently employs 50 +/- personnel, some of which are
seasonal labor. Seller will consider involvement during a transition period, allowing a new owner to continue
current operations and take advantage of opportunities for growth. Sale includes all aspects of the on-going
business including, but not limited to: real estate, equipment, inventories, distribution, personnel, and contracts.
Price does not include seed inventory.