Wholesale Florist Serving the Greater North Texas Area

TX (Relocatable)

Wholesale Florist Serving the Greater North Texas Area
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Asking Price: $649,000

Cash Flow: $162,000

Gross Revenue: $2,400,000

EBITDA: N/A

FF&E: $50,000

Inventory: $50,000

Real Estate: N/A

Established: 1980

Wholesale Florist Serving the Greater North Texas Area

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Business Description

This North Texas based wholesale floral company has been serving the greater north Texas market area for decades, and continues to grow, with double digit revenue growth in 2018!

An extremely well-established customer base provides steady revenue and well vetted vendors provide great margins, combining to give this business excellent overall numbers! The warehouse/office building is owned by the seller who is willing to rent the facility to a buyer under excellent terms. This facility has been customized specifically to support a wholesale floral business!

A seasoned, experienced and tenured staff will make for a smooth transition with a new owner. A general manager is in place with considerable tenure with the company, providing significant support to the current owner with the day to day management of the business. A sales staff is in place that has excellent relationships with the floral community! Delivery vehicles included, all in good shape and most relatively new!

47% revenue growth in the last 2 years positions this business extremely well for ownership transfer.

Seller is willing to stay on for a transition period as needed.

2018 Revenue of $2.4M
Net owner earnings of $162K
Asking price of $649K

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will assist with transition - willing to stay on for additional time.
Reason for Selling:
Moving towards retirement
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(from currently available funds)
 
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Larry Lane

Business Listed By:
Larry Lane

VR Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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