Subscription Based Seasonal Gardening Service Provider BN000030287

Mid-Atlantic, Northeast US, US

2M-5M500K-2M Agriculture, Facility maintenance, Professional Services / Consultancy

Key Aspects

Specialized organization focused on providing seasonal floral arrangements for window boxes and planters
Streamlined and convenient sales processes allow for easy onboarding and enjoyable customer experience
Tightly standardized production processes allow for scalability, consistent quality, transparent pricing, and predictable gross margins
Outstanding customer loyalty, as demonstrated by 89% YOY retention rate and 4.9-star average Google review

Opportunities

Expand geographically into new metro areas in the Eastern and Midwestern United States
Expand through franchising to existing but underserved markets across the United States
Vertical integration through growing, wholesaling, retail, and brokering
Horizontal integration through landscape design and build, floral event styling, and brokering
Poised for an influx of growth capital with a 2021 LTV ratio of 12:1

Headquartered

Northeast United States

Current Markets

The company currently serves residents and commercial businesses seeking floral arrangements in its area of operation

Real Estate

The company operates from a 10,000 square foot facility leased from an affiliated entity. Approximately 3,000 square feet is office space with the remainder serving as a warehouse. The company facility is on 2.5 acres of land. The property is available for sale as part of the transaction.

Shareholder Objectives

The company is fully owned by two shareholders who seek to financially diversify and pursue other opportunities. Both owners are in agreement with the sale of the company and are open to a variety of deal structures.