Wholesale Flowers and Home Decorations
By wpengine
Asking Price
N/A
SDE
$1,850,000
EBITDA
Industry
$1,700,000
Flower Shops
Gross Revenue
Location
$23,700,000
Southeast U.S.
Wholesale Flowers, Supplies, and Home Goods Company in need of a “partner with experience in marketing and growth”. In business for over 40 years and managed by two generations of owners, the company provides wholesale flowers, supplies, and home goods (decorations). The offer is of two separate, but very related companies owned 100% by the seller. The first company sells wholesale flowers and floral supplies to retail florists and other businesses that require flowers such as wedding venues and coordinators. The second company is a wholesale distributor of “home goods” which are decorative items that include seasonal decorations for every holiday on the calendar and day to day home decorative items.
Internal ID
20243
Number of Employees
45
Year Established
1990
Financing Notes
Seller may consider holding 10-15% of equity for the right new owner/partner
FF&E
$1,831,412
FF&E Included
Yes
Inventory
$5,625,896
Inventory Included
Yes
Real Estate Included
No
Reason for Selling
The owner has taken this company as far as his skills and the number of hours in the day allow. He would prefer to shift certain responsibilities away from himself and to the right partner or General Manager. He enjoys certain aspects of the business and his role but would like to have a highly competent General Manager to manage day-to-day operational issues and activities. The owner is best suited to work with the buyer regarding purchasing and sourcing of products and supplies. He wants to reduce the operational time spent and become more of a mentor and partner than “operator” after a 1–2-year transition.
Facilities & Assets
Accounts Receivable included in sale as part of Working Capital
Support & Training
1-2 years
Market & Competition
Highly Fragmented Market
Growth & Expansion
Several growth paths including creating a sales plan, improved online presence and acquisition opportunities known to seller
Asking Price
N/A
SDE
$1,850,000
EBITDA
Industry
$1,700,000
Flower Shops
Gross Rev.
Location
$23,700,000
Southeast U.S.
Wholesale Flowers, Supplies, and Home Goods Company in need of a “partner with experience in marketing and growth”. In business for over 40 years and managed by two generations of owners, the company provides wholesale flowers, supplies, and home goods (decorations). The offer is of two separate, but very related companies owned 100% by the seller. The first company sells wholesale flowers and floral supplies to retail florists and other businesses that require flowers such as wedding venues and coordinators. The second company is a wholesale distributor of “home goods” which are decorative items that include seasonal decorations for every holiday on the calendar and day to day home decorative items.
Internal ID: 20243
Number of Employees: 45
Year Established: 1990
Financing Notes: Seller may consider holding 10-15% of equity for the right new owner/partner
FF&E: $1,831,412
FF&E Included: Yes
Inventory: $5,625,896
Inventory Included: Yes
Real Estate Included: No
Reason for Selling
The owner has taken this company as far as his skills and the number of hours in the day allow. He would prefer to shift certain responsibilities away from himself and to the right partner or General Manager. He enjoys certain aspects of the business and his role but would like to have a highly competent General Manager to manage day-to-day operational issues and activities. The owner is best suited to work with the buyer regarding purchasing and sourcing of products and supplies. He wants to reduce the operational time spent and become more of a mentor and partner than “operator” after a 1–2-year transition.
Facilities & Assets
Accounts Receivable included in sale as part of Working Capital
Support & Training
1-2 years
Market & Competition
Highly Fragmented Market
Growth & Expansion
Several growth paths including creating a sales plan, improved online presence and acquisition opportunities known to seller
The Wright Company
1608 Queen Street #14 Wilmington, NC 28401
Phone: (800) 239-5085, Email: hello@wrightco.net
Wholesale Flowers and Home Decorations
Asking Price
N/A
SDE
$1,850,000
EBITDA
Industry
$1,700,000
Flower Shops
Gross Revenue
Location
$23,700,000
Southeast U.S.
Wholesale Flowers, Supplies, and Home Goods Company in need of a “partner with experience in marketing and growth”. In business for over 40 years and managed by two generations of owners, the company provides wholesale flowers, supplies, and home goods (decorations). The offer is of two separate, but very related companies owned 100% by the seller. The first company sells wholesale flowers and floral supplies to retail florists and other businesses that require flowers such as wedding venues and coordinators. The second company is a wholesale distributor of “home goods” which are decorative items that include seasonal decorations for every holiday on the calendar and day to day home decorative items.
Internal ID
20243
Number of Employees
45
Year Established
1990
Financing Notes
Seller may consider holding 10-15% of equity for the right new owner/partner
FF&E
$1,831,412
FF&E Included
Yes
Inventory
$5,625,896
Inventory Included
Yes
Real Estate Included
No
Reason for Selling
The owner has taken this company as far as his skills and the number of hours in the day allow. He would prefer to shift certain responsibilities away from himself and to the right partner or General Manager. He enjoys certain aspects of the business and his role but would like to have a highly competent General Manager to manage day-to-day operational issues and activities. The owner is best suited to work with the buyer regarding purchasing and sourcing of products and supplies. He wants to reduce the operational time spent and become more of a mentor and partner than “operator” after a 1–2-year transition.
Facilities & Assets
Accounts Receivable included in sale as part of Working Capital
Support & Training
1-2 years
Market & Competition
Highly Fragmented Market
Growth & Expansion
Several growth paths including creating a sales plan, improved online presence and acquisition opportunities known to seller
“Past Success is the Best Predictor of Future Performance”
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