Upscale Garden Center / Florist

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Carved a unique market niche. Has impeccable reputation.

Business Description

This is a unique business because it has carved for over 30 years a specialized market niche, providing upscale floral & plant arrangements to a wealthy and very loyal customer base.

The business has an impeccable reputation for both its products and services. It has over 90 % repeat business.

Its powerful, proprietary business model generates very high margins, in the rich areas of Manhattan, Westchester and the western part of Fairfield county (Greenwich, Stamford, Ridgefield ...).

The business is active and you will immediately benefit from the consistent EBITDA earnings exceeding $ 172,000 after paying the rent. If you prefer to buy the premises instead of renting them, your immediate EBITDA will exceed $ 250,000.

Over the last 6 years the corporate recurring sales have been growing organically by an average of 13.5 % a year, WITHOUT ANY ACTIVE PROSPECTION OR ADVERTISING. The company has not advertised since 2001!

Based on this trend this unique business will generate in just a few years EBITDA profits of $ 325,000 to $ 340,000 STRICTLY THROUGH ORGANIC GROWTH of its corporate recurring sales.

You could DOUBLE the EBITDA earnings in 5 years if you are driven and perform a little bit of active prospection.

You DON'T NEED TO INVEST ANYTHING to achieve this, except your time as the existing facilities can grow enough products to sustain a two to three fold increase in sales.

You can just step in and enjoy peace of mind because the highly skilled, very experienced associates work very well together and because personnel turnover is practically inexistent.

You'll feel immediately at ease as the business is very easy to manage, extremely well organized and everything is well documented. It is a perfect fit for you if you are a driven person who wants to be in charge of your own destiny and who aspires to work in pleasant, hassle-free environment.

If you are a hands-on, reasonably skilled manager with some experience in the green industry, then you will be able to run this business VERY SMOOTHLY while working a normal 5 day week.

The owners, retiring, will provide you with free extensive training for a full month, also free 1 to 2 day monthly support / review of operations for 11 more months and will be available to give you further support, advice and guidance as mutually agreed.

If you rent the premises and decide to buy them in a few years, owners will discount the price by a % of the rents paid on time.

About the Business

Year Established:
1990
Number of Employees:
3 FTE, 2 PTE
Facilities:
18,000 + S.F. of state of computer controlled greenhouses on 3.6 acres, automatic generator, back-up heaters and more.
Market Outlook/
Competition:
Business is very well positioned with highest quality products and impeccable reputation. A driven operator could more than double earnings in 3 to 5 years.
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About the Sale

Reason For Selling:
Owners considering retirement.
Training/Support:
Owners will provide extensive training & support.
Seller Financing:
Seller will consider financing part of the selling price for qualified persons. Background check & guarantee required.

Listing Info

Keywords:
Garden Center, Florist, Floral business, Nursery, Greenhouse.
ID:
1382667
Ad Detail Views:
408
Asking Price:
$449,000

Gross Revenue:
$625,000
Cash Flow:
 Not Disclosed
EBITDA:
$172,000
Inventory:
$100,000
not included in asking price

FF&E:
$75,000
included in asking price

Real Estate:
$740,000
not included in asking price

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U.S. Census Data for Putnam County, NY
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Putnam County, NY
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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