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- RE: Turnaround Restaurant & Greenhouse Business
- Contact: Small Business
Quick Facts
Asking Price: | $950,000 | |
Annual Revenue: | $990,408 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $47,870 | |
Real Estate: | $936,000 | |
Year Established: | 1960 | |
Employees: | 37 | |
BBN Listing #: | 983261 | |
Broker Reference #: | 871 |
Business Overview:
This Company, established in 1960, has expanded over the years to include a greenhouse, a restaurant serving breakfast, lunch, dinner, and homemade desserts, and a floral shop specializing in custom floral arrangements.
After 50 years of owning and operating their Business, the primary owners are seeking to sell the Company and its associated real estate in order to pursue retirement.
This is a turnaround Business that needs new energy to make it profitable. For a fair market value on the real estate, the owners are including the business assets for no additional cost.
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Property Features and Assets:
The facilities of the Company span nine buildings and include over 27,000 total square feet, including a restaurant, greenhouses, shade structures, and a floral shop. Real Estate Value: $936,000
Market Competition and Expansion:
Investment Highlights Include:
(1)Â Â Â Longevity
(2)Â Â Â Personalized Service
(3)Â Â Â Quality Products
(4)Â Â Â Diverse Business Model
Growth Opportunities:
(1)Â Â Â Boost Brand Recognition
(2)Â Â Â Flexibility for Innovation
(3)Â Â Â Increase Diversification
Reason for Selling:
Ownership would like to pursue retirement.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Indiana businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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