Listing Number: 64646-706576
Description
Attention all green thumbs, horticulturalists, landscapers and gardeners! Outstanding opportunity to acquire a 35+ year old niche indoor landscaping design and maintenance business including commercial real estate, with over $440K in average annual seller's net earnings. Business Price: $1,395,000 plus Real Estate Price: $625,000 for a Total Purchase Price of: $2,020,000. Imagine servicing the top hotels, restaurants, commercial properties and exquisite residential estates throughout the tri-state area. Full leadership team in place with longevity, training and excellent customer relations. Imported tropical plants, trees and flowers create extraordinary indoor environments, improving air quality, and providing restful and relaxing escapes. With over 100 premium customers, and virtually no customer concentration concerns, this business enjoys recurring service and maintenance revenues approaching $100K each month. Retiring seller currently works less than 30 hours per week but is willing to stay on in a limited role to maintain continuity with clients and staff. Long-term general manager and senior design and service staffs will support new owners. Significant growth opportunities for a new buyer as business spends limited funds on advertising and virtually no sales and marketing efforts. Excellent reputation. Premier customers. Commercial real estate includes over an acre of land with a fully functional greenhouse nestled in the Philly suburbs. NDA, Buyer Profile and Broker Introductory Call to be completed prior to receipt of confidential information memorandum.
Listing Details
- Price: $ 1,395,000
- Down Payment: $404,000
- Sellers Discretionary Earnings: $ 484,620
- Total Sales: $ 1,377,684
- Location: Philadelphia County, Pennsylvania
- Inventory: $ 40,000
- FF&E: $ 139,475
- Employees: 7
- Year Established: 1987
- Reason for Selling: Retirement
- Category: Agricultural
