Businesses for Sale:

Categories: Wholesale Distributor - Nondurable Goods
Location: Maryland

Asking: $3,800,000.00
Revenue: $7,450,000.00
Cash Flow: $970,000.00
Down Payment: $2,300,000.00
Furniture, Fixtures & Equipment: $94722.00
Inventory: $225,954.00
Financing: 0.00

Summary Description: The company distributes wholesale flowers, greens, bouquets, and plants to retail florists and supermarkets in the Mid-Atlantic. The business was established in 1948 and is still managed by members of the founding family. It is strategically located and well known in the region in which it provides services. The primary focus of the company is to provide cut flowers, greens and bouquets to retail florists and supermarkets. The business hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. The business has 39 full-time employees and 9 part-time employees. The average length of employment is 7 years.

General Information
Year Eestablished: 1948
Employees: 48
Facilities: The business operates out of a 50,000 square foot leased space. The current lease expires in January 2005. The annual rent is $286,550.

Market Outlook
Competition: The business is strategically located and well known in the region in which it operates.
Growth and Expansion: The business could grow by being more aggressive in the marketing and sales of its products.

About the Sale
Support/Training: The seller will train for 30 days at no cost to the buyer.
Reason Selling: Seller wants to pursue other interests.

Contact Information
Contact: Michael Mathews
Phone: (443) 512-8991
E-mail: sales@successbusinessservices.com