Wholesale Distribution and Retail Florist Business – High margins with Adjusted Net profit of over $320,000! - Newcastle, Hunter Valley
Business Type :
Florist and Nursery Retail, Garden/Nurseries, Wholesale
Newcastle, Hunter Valley
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A highly profitable and established wholesale distribution and retail florist business with high margins and opportunity for future growth.
Since its establishment in 1991, this business has been a consistent performer for its owner. The business is a well-known brand and has the foundations set for further growth if desired. The current owner simply enjoys the weekends and public holidays off and makes a great return.
The business is best known as a wholesale and distribution business with an onsite retail arm which has grown organically, and currently has around $40,000 in wedding forward orders through to 2020.
The business enjoys high margins, diverse suppliers and customers providing security and includes a valuable list of quality assets.
This is a very rare business opportunity ideally suited to a hard-working sales and marketing driven person who has leadership and management skills, while still having the key staff to assist and manage the business.
The adjusted Net Profit to the working owner for EOFY2018 is approximately $320,000, which represents over 50% return on the business asking price, and the stock at cost estimated at only $18,000.
If you are interested in finding out more about this quality opportunity, please go to www.merchantbrokers.com.au. Alternatively, contact 1300 BROKER or call Shane Fox on 0415 407777.