Turnaround Restaurant & Greenhouse Business (871)

intermediary profile

January 08, 2025

by an intermediary in Grand Rapids, MI, USA

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. Asking Price: $950,000 Revenue: $ 990,408 FF&E: $47,870 Inventory: $133,000 Real Estate: $936,000 Total Building Size: 27,055 sq. ft. 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.
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