Profitable Boutique Plant Store / Retailer Available in Indianapolis
Absentee operated! Terrific opportunity in fast growing, trendy pocket of Indianapolis. Founded in 2014, the current owners of this business have done a wonderful job of creating and building a true botanical treasure, and pride themselves on being Indy's number one and only independent indoor plant retailer. Very strong vendor relationships that have given sellers exclusivity on a variety of products. This is truly the Central Indiana location for plant enthusiasts. The business operates out of a large development in Indianapolis surrounded by other retail shops and dining. Great walkability and foot traffic. The majority of sales are repeat customers. Top selling products are plants, pots and planters, plant supplies and tools, incense, and candles. Sellers have contact information for nearly 33,000 previous customers, over 10,000 of which are enrolled in the stores loyalty program. Sellers are open conceptually to financing a portion of the sales price.
Other business interests
The seller will ensure full training.
The sellers are in the second year of a ten-year lease at the newly renovated building in downtown Indianapolis. Surrounded by top notch restaurants and coffee shops that drive significant foot traffic to the door. The sellers occupy a space of 2,169 square feet and have two entrances, one primary and one an emergency exit/employee door. Electric, water, etc. is managed by the building and part of the CAM. Building has a loading dock, trash collection and common area restrooms.
Three key areas / opportunities for growth moving forward: 1) Residential and Commercial installations in which comprehensive evaluations are provided based on light, humidity, etc and plants are installed designed to thrive specific to that environment 2) Commercial Plant Care in which plants are regularly watered and maintained 1-2 times per week 3) Corporate Workshops and Large Bulk Orders in which capacity is grown to handle large orders of 50-100 plants for individual events or gifts to employees etc.
