Interior Plantscape & Maintenance

San Francisco County, CA

Seller Financing Available
Interior Plantscape & Maintenance

Asking Price:$1,150,000

Cash Flow:$350,000

Gross Revenue:$1,500,000

EBITDA:$350,000

FF&E:$50,000

Inventory:$250,000

Rate/Sq. Ft.:$1.25

Established:1990

Interior Plantscape & Maintenance

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Business Description

** The new Buyer must take over the position of the Owner/Manager and work 30-40 hours per week. **

HIGHLIGHTS
Over 300 accounts with recurring monthly revenue.
Sales up nearly every year, including 11% in 2016. 25+ Years with long term high quality commercial accounts. If you are looking for a high cash-flow business, but your priority is lifestyle and a passion for what you do, this is it. The business provides a very pleasant work environment where you are surrounded by plants and very friendly people. There are a very small number of these businesses and most people don't sell them until they retire, which is why they are rarely offered for sale. This is one of the easiest businesses to learn and operate and you only have a 5 day work week.

PRODUCTS / SERVICES / CUSTOMERS
Interior plant leasing and maintenance, green walls, seasonal blooming color, cut floral, and holiday displays. Over 300 accounts within a 50 mile radius.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
4,500
Lease Expiration:
6/24/2021
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 Buildings: #1: Primary HQ: 4,500 sq.ft. @ $4,750/mo. #2: Warehouse: 1,200 sq.ft. @ $1,250/mo**. **OPTION TO PURCHASE WAREHOUSE** Asking Price: $255,000 Down Payment $25,000 (10% with SBA 504 loan) Loan: $230,000 Est. Monthly Pmt. $1,344/mo. (at est. 5% interest)
Competition:
The reputation of the business is the key to its many years of success. The name is very well know in the industry. They are considered "high end" and are selective in their accounts. Employees are paid very well and are highly skilled, which is why the majority of them have been with the company over 10 years. The advantage of this is that it allows the owner to work only 30 hours per week, and not have to worry about the business when not there.
Growth & Expansion:
There is unlimited potential for growth through actively pursuing accounts. The current owner has owned the business and is not an aggressive sales person and has enjoyed a slow and steady growth through reputation alone. Other large businesses in this industry employ active sales people to generate new accounts, which can be done here.
Financing:
SBA pre-qualified with $250K down
Support & Training:
12 weeks training, however Seller will train as much as is needed, depending on experience.
Reason for Selling:
Retirement after 25+ years

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Todd Moore

Business Listed By:
Todd Moore

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