Floral And Garden Center
Location Wisconsin,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $55000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1968
Number of Employees 4 - 5
Inventory 52000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller to provide.
Reason for Sale Retirement of owners.
Description Well established and profitable floral and garden center for sale, serving affluent, growing community with approximately 5,000 residents and 2,000 households with close access to IL/MN and a quick commute to Madison and Janesville.
Sellers have 2 parcels of real property included in the sale. There is a two bay garage, growing beds, numerous greenhouses and a 2,500 square foot retail center situated on a desirable corner property with excellent visibility and high traffic count.
The company participates in both the FTD and Telefloral programs and is active in the community through the local Chamber of Commerce and community events.
Observations of Business:
Management feels that with advertising increased, proper selection of inventory, and providing landscaping services, revenues could increase by $300,000 annually. Should gross margins of 57% be maintained, this suggests an immediate impact to cash flow of $170,000. The weighted average of the past three years seller's discretionary cash flow is $55,000.
Asking Price: $450,000
Contact Information: Mark McNally, Phone (608) 334-5439
Click Here To Contact Seller
|
|