FLORIST and NURSERY on the River

  (Upstate New York State – St. Lawrence River Region)

PRICE: $ 350,000                                          CASH FLOW: $ 100,000+ EBITDO

 

THE BUSINESS: This year-around flower shop and perennial greenhouse is a large and integral part of its community and region. It provides floral items for

all occasions, and also nursery stock, greenhouse perennials and annual plants for gardeners and flower beds. The business provides a lifestyle and a profit

while overlooking the St. Lawrence River. There is an great documented customer base, growth potential for a new owner, and a nice place to live and work.

 

WHY BUY? 

·         Nicely profitable with stable sales of over $ 400,000

·         Established in 1920’s – dominant in region with no significant competition 

·         Highly respected, with many repeat clients and massive customer data base

•       Experienced dedicated staff is skilled and desires to stay

•       Highly visible and valuable real estate

·         Opportunity for further growth through more active regional sales and product extension, building on quality reputation and client relationships

·         Above average 47% ROE; fast capital recovery on $ 75,000 equity

·         Almost $ 200,000 fixed assets including  valuable real estate - store/workshop w rental apartment, greenhouses - Teleflora software, inventory and    

         complete suite of vehicles and equipment

·        Owner/seller will assist for reasonable transition

·        Quality lifestyle in small city area, with river, vacation and world famous amenities and activities nearby 

 

FACILITIES and EQUIPMENT: The business is located on .92 acres, with a shop/rental apartment building and garage, six hoop style greenhouses with fan

ventilation and drip humidity control and a cashier / service center. It has the latest flower industry Teleflora software and a great inventory of gift items. The

company owns two delivery vans and field equipment for a nursery greenhouse service.

 

OPPORTUNITY FOR GROWTH: This is the classic matured family firm that is built upon a basic and profitable consumer need. It has earned customer loyalty

and, over time, the reputation for quality, service and competitive prices. It is a profitable, straightforward, stable business, with important client support, no

real local competition and great returns on investment and recovery of capital. It should appeal to a garden-and-flower credentialed, experienced person who

wants a basic profitable work with attractive growing things in a low pressure environment.  The location is low key and congenial, and offers strong

lifestyle benefits. 

 

FINANCIAL:  Business can generate strong profitability that offers 14% ROTA and over 47% ROE.  

         

 

SUMMARY TERMS AND PRICE: Fairly and attractively priced at $ 350,000, there is strong value in real estate, equipment and inventory worth over $ 200,000. A buyer with some floral and garden center experience and a zest for his own business should expect to have a down payment approximating $ 75,000 and working capital to support anticipated growth.  Owners will assist in an orderly transition and turnover.

 

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