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Retail Flower Shop, Greenhouse, Garden Center - Business and Property

Muskegon, MI
Exterior
Exterior
Asking Price:$595,000
Gross Revenue:$650,000
EBITDA:$35,000
Real Estate:$300,000
Cash Flow:$200,000
Inventory:$65,000
FF&E:$50,000
Established Year:1969
Listing ID: 2316974Listing provided by BizBuySell
BUSINESS DESCRIPTION

Family Owned and Operated for Over 55 Years. Owners Retiring

Flowers by Ray and Sharon was founded in 1969, and has grown into a full service retail floral and gift shop and garden center, with 8000 square feet greenhouse area.
Turn key business - everything you need is included in the sales price!
Over the years we have developed a loyal customer base with over 22,000 customers on file. Well known in the community!
Full-service flower shop offering fresh flowers, loose cuts, and plants, silk flowers, special events.
Four geenhouses offering annuals, perennials, rose bushes, shrubs and bushes
All equipment, fixtures, inventory, two delivery vehicles included
Great website presence.
Large delivery zone, with ability to expand to other areas.
Over 10,000 Facebook followers
Well trained team

DETAILED INFORMATION
Location
Muskegon, MI
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
6,300
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
6300 square foot building houses sales floor with walk in display sales cooler, office space, interior planting room, design area, warehouse space, 2 large walk in holding coolers, and garage space. 8000 square foot in 4 greenhouses. 2 Grand Caravan delivery vehicles, Gehl skidsteer. flat bed trailer. All fixtures, point-of-sale computer equipment, phones system, security system,web presence, name rights,and inventory.
Competition
The West Michigan lake shore area is a thriving community. There are competing retail florists in the area, all of which have their distinct market and strengths.
Growth & Expansion
Growth opportunities exist in expanding the gift and gardening lines. Birding compliments gardening as one of the top consumer hobbies and could make a nice additions to sales. Expanding services in the wedding services offers unlimited growth. Increasing delivery offers increased sales growth.
Financing
Conventional
Support & Training
Owners have been implementing a retirement plan for several years, and have included existing team in decision making and support. Spreadsheet notes for weekly and holiday needs make ordering of product manageable. Owners are retiring and will be available for training in transition period and as consultants as needed after transition
Reason for Selling
2nd generation owners are nearing retirement
BUSINESS LOCATION
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Rick Fisher
Phone Number
Rick Fisher
Call Phone