Asking Price: $499,500 Gross Revenue: $967,841Cash Flow: $85,724 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $75,000 included in asking priceReal Estate: $424,500 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.
Nursery in business for over 30 years producing quality plants including flowering annuals, perennials, lilies, tulips, poinsettias and specializing in hanging baskets. Retail sales begin in April and run through July. With seven retail locations business has grown to over $967,000 in 2017.
About the Business
Carlton County, Minnesota
Number of Employees:
4 FT/72 PT
Main facility includes retail building, 50,000 sq ft of greenhouses, storage area and loading dock all located on 3 acres of land. Newer boiler used to run radiant heat with additional boiler and generator for back up. Two additional commercial lots in neighboring cities of 1.38 and .9 acres with retail buildings on busy highways are included and used for retail sales, great for additional growth. Business has all the equipment to furnish their four additional satellite locations including greenhouses and racking.
No local competition.
Growth & Expansion:
Great growth potential with both wholesale and retail sales. Additional marketing through both website and social media should help improve sales. Business is well known throughout community for superior plant products.
Greenhouses & Retail Nursery with 3 Acre RE Included
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or stake in the sale of this business and has not verified any of the information
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