Asking Price: $2,480,000 Gross Revenue: $1,055,600Cash Flow: $422,000EBITDA: $422,000Inventory: $5,000 included in asking priceFF&E: $106,000 included in asking priceReal Estate: $1,860,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This business offers you the opportunity to maintain a reliable year round income without having to invest an excessive amount of hours per day. Provide your crop with water when needed through in place irrigation system as well as fertilization, and any other requirements delivered through the same irrigation system.
Currently operating at nearly full capacity as indicated, and as needed and required by the year round demand; Sellers will show buyer how to plan for major holiday's sales and cut throughout the year and all aspects of growing and operations. Sellers are of retirement age and wish to get on with the next phase of their lives. Call or email for your NDA and/or other requirements and for a meeting for further information on this offer to see how this can be a great fit for you.
Bank Financing is available for Qualified Buyer; ask listing agent for current bank requirements. Standard down pmt 25% to 35%, possibly 15% to 25%. Ask listing agent about this and for the NDA.
About the Business
Number of Employees:
08 to 17
Building Sq. Ft.:
Bank Financing is available for this beautiful forty acre fernery in sunny Central Florida; has a main house of around 2280sf and a single rental property as well. Also there is a large packing and distribution center with a capacity to cover all needs of the on property production plus that equal to several times that amount from other local growers. All equipment is in great shape used by a longstanding w2 employee work force.
There is some competition for this fern since Florida is one of the few states that has any significant amount of its production. There has been a long term relationship developed with distributors, you can sell to them, or wholesalers, or sell to retailers, it is up to you.
Growth & Expansion:
Currently there is 24 acres under cloth; and, the configuration of land use would lend itself to adding 8 to 12 additional acres; plus there is a local farm available where additional acres of fern can be leased.
Although not a difficult crop to bring to harvest and market; each season brings its particular requirements for continued growth and success. Sellers are willing to fully train the Buyers in all the ins and outs of the business.
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 & Conditions.