Listing ID: 82489
Business Overview
Enjoy an exceptional quality of life owning and managing this beautiful Greenhouse and Floral business in Southwest, Missouri! The company provides a wide variety of flowers, bedding plants, mulch, planters, hanging baskets, shrubs, perennials, statuary stones, pottery, garden decor, gifts, floral arrangements, and more!
This business attracts customers within a 30-mile radius of the store and has limited competition. The company has been in operation for well over 50 years and has a knowledgeable staff of 7 employees. The owner currently enjoys overseeing the operations, contributing to the community & charitable organizations, and selling beautiful plants and flowers that brighten customer’s lives! The business is ideal for a buyer looking for a “feel good” company that makes people happy!
The Owner is selling the 10,000 sq. ft. garden center with the business for an additional $207k. The business has been pre-approved for SBA financing for a buyer with a down payment of $40k+ meeting lender criteria.
Financial
- Asking Price: $142,000
- Cash Flow: $91,280
- Gross Revenue: $346,300
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Detailed Information
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:10,000
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
Other business opportunity
Additional Info
The company has 7 employees and is situated in a building with estimated square footage of 10,000 sq ft.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals resolve to sell businesses. Nevertheless, the true factor vs the one they tell you might be 2 completely different things. For instance, they may state "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these might simply be justifications to try to conceal the reality of transforming demographics, increased competitors, current decrease in earnings, or an array of various other reasons. This is why it is really important that you not count completely on a seller's word, yet rather, make use of the seller's answer combined with your total due diligence. This will paint a more sensible image of the business's current scenario.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses take out loans so as to cover items like supplies, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can suggest that profit margins are too tight. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that should be satisfied or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area attract brand-new clients? Many times, companies have repeat consumers, which form the core of their day-to-day profits. Particular factors such as new competition growing up around the location, road building, and also personnel turnover can affect repeat customers as well as adversely impact future profits. One crucial thing to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the possibility to build a returning client base. A final thought is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outside border of town? Exactly how might the regional mean family income influence future revenue potential?
