MergerPlace

Wholesale Floral Distributor

Kentucky


  • Asking Price: $360,000
  • Gross Income: $1,068,444
  • Cash Flow: $49,560
  • Real Estate: Not Disclosed
  • Inventory: $300,000
  • FF&E: $60,000
  • Listing ID: #226165
  • Established: 1980
  • Employees: 5 FT

Business Description

Assets of Kentucky-based wholesale flower distributor presently operating and in business for over 40 years. Located in one of Kentucky’s fastest growing cities, this business has very little competition in its home market. The company currently distributes to other communities within 100 miles. All inventory, equipment, customer lists included.


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Kentucky

Company Information

Year Established: 1980
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT

Financial Information

Asking Price: $360,000
Gross Revenue: $1,068,444
Cash Flow: $49,560
FF&E: $60,000
Inventory: $300,000
Seller Financing Available: No

Property Information

Facilities:

The Company operates in a 23,800 square foot warehouse ($1,900/mo., 5-year NNN lease included in sale) and a large operating greenhouse. Additional greenhouse frames are in place and could be operational with some investment. A large garage is also included for vehicle storage.

Growth & expansion opportunities:

Existing, unused greenhouse frames are in place and could be operational with some investment, allowing the buyer to increase inventory. Additionally, there is an opportunity to increase sales through expanding marketing efforts and employing company sales representatives.

Competition:

The Company has very limited competition in and around the city where it operates.

Reason for selling:

The owner is retiring.

Support & Training:

Will train for 4 weeks @ $0 cost. The Company sells cut flowers, plants, and associated hard goods to regional floral shops, retail stores, etc. Product delivery offered within a 100 mile radius.

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Business Listed By:

Karsen Moore

Murphy Business Brokers