Premier Garden Center
Location Florida,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1465443
Net Profit / Cash Flow $141173
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1972
Number of Employees 10 - 19
Inventory 550000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training 4 weeks at no cost.
Reason for Sale Other businesses.
Description Premier Garden Center for sale in Naples, Florida area with dominant market position and unique barriers to entry. This well-established business offers a well documented financial strength that is uncommon in the Southwest Florida market. The current owner is not open on Sunday. The business is offered at $1,400,000 and the real estate is included in the sale at a price of $1,500,000 - a 25% reduction from the $2,000,000 appraised value in 2006. After deduction of $2,600,000 of total tangible assets, the business is priced at a net of $300,000, or an intriguing multiple of 2008 owners' discretionary cash flow. This is a one of a kind opportunity with wonderful prospects for future growth as the United States emerges from the global recession of 2007-2009. Seller will provide interim license qualification to a capable Buyer.
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