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Commercial Nurseries Business for Sale in Maribor, Slovenia

For Sale: Business involved in production of ornamental plants and vegetable seedlings with 15% CAGR.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 530 thousand
Run Rate Sales USD 640 thousand
EBITDA Margin 27 %
Industries Commercial Nurseries + 1 more
Locations  Maribor
Local Time 5:32 PM Europe / Ljubljana
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 500 thousand (Native Currency: EUR 490,000)
Reason: The business owner is looking to retire and wishes to sell the business. The announced price for the... View More
Includes physical assets worth USD 16 thousand
Interested to connect with advisors
Documents
Business Overview

- The main activity of the company is the production of ornamental plants and vegetable seedlings.

- An established company with a long tradition and high goodwill.

- 15% compound annual growth rate in sales.

- Highly profitable company.

- Concluded agreements and contracts with customers.

- Good knowledge of the purchase and sales market.

- Low operating costs.

- Current unused capacities will enable growth in the coming years with minimal investments.

- Professional qualification of staff.

- 75% of sales of the business is wholesale (to retailers) and the rest 25% is retail (directly to customers).

- Expected high growth of the indoor farming market.

- The main season for the business is from February to November which is during the spring, summer, and autumn.

- We hire part-time employees during the season to take care of the harvest.

- Plantation is done during the winter (january, february) so that the plants are ready for sale in the spring (march) when they are planted by customers.

- The business does not generate much income during the winter season and is dependent on its revenue generation during the other seasons to last the winter.

- Ornamental flowers are grown all season but are mostly preferred by customers during spring (balcony flowers, garden flowers) and autumn (flowers for graves).

- Few vegetables are also grown during the winter, but the revenue generation is comparatively less.

- 70% of our revenue is through the sales of ornamental flowers and the rest 30% through vegetables.

Products & Services Overview

The ornamental plants, the company produces the most balcony flowers, flowers for graves, and chrysanthemums. When it comes to vegetable seedlings, they do not focus on a single type but grow everything from salad plants, fruit plants, cabbage plants, root vegetables, and bulbs.

Assets Overview

The buyer will get all assets necessary for the company's operations:

- Machinery.

- Equipment.

- 5 Greenhouses.

- The brand.

- Agreements with buyers and sellers.

Only the greenhouses, equipment, machinery, brands, and agreements are part of the transaction.

The real value of physical assets is much higher than EUR 15,000 (as per the company's balance sheet) because the entrepreneur depreciated them quicker than their actual useful life. He also reported a lot of investments in tangible assets as ongoing maintenance costs, to reduce the taxable income.

The transaction can also be broadened to include all real estate in which the company operates. The price for the business including all real estate would be EUR 1.05 million.

Facilities Overview

The company carries out the activity in a commercial-residential building with an area of 750 sqm, which was built a decade back, and in five greenhouses with a total area of 5,400 sqm. The greenhouses are in good condition and are regularly maintained and renovated. The total area of all land is 8,258 sqm.

Most of the real estate is personally owned by the sole proprietor.

Capitalization Overview

This is a sole proprietorship. The business is presently funded by the entrepreneur's own funds and bank loans.

Bank loans are not part of the transaction and will be repaid by the current owner on the date of the transaction.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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