Closed transaction · March 2022
French Peas
MDR & Associates took French Peas, a flower shop, through to closing in March 2022.
The transaction
- ClosedMarch 2022
- SectorBusiness & consumer services
- LocationTyler, Texas
- Founded2002
- BuyerStrategic buyer
- Engagement to closing90 days
- Represented byMDR & Associates
- Todayfrenchpeasflowers.com
The company today, in its own words. Full-service flower shop in Tyler, Texas, with custom-designed arrangements for weddings, funerals, corporate events and same-day delivery; began in 2002 and purchased by the Selden family in 2022.
The sale
How it ran
French Peas, a flower shop in Tyler, came to us 90 days before it closed in March 2022. It was sold to a strategic buyer, found through the same confidential process every company we represent goes through: a blind profile, buyers qualified before they learn the name, and more than one at the table where the company draws them.
What that buyer examined is what any buyer of service businesses examines — the factors below, in that order.
Own a service business?
Find out what a buyer would pay for it today. A confidential opinion of value from the firm that sold French Peas — free, with no obligation, answered the same business day.
Get a free valuation snapshotWhat decided the price
What buyers look at in a service business
Recurring and contracted revenue
The strongest single driver. Revenue under contract, on a schedule, or under a maintenance agreement is worth a multiple of the same revenue sold ad hoc.
Owner dependence
If customers buy because of you, the buyer is not buying a business. Reducing this is the highest-return work available before a sale.
Customer retention and length
Churn and average tenure tell a buyer what they are really acquiring. Have the numbers ready before they ask.
The full list, and who the buyers are: Selling a service business in Texas.
The record
More service businesses we have sold
Your company
Talk to the firm that sold French Peas
Four fields and a reply the same business day. Nothing you send is shared with anyone, and nothing reaches your employees, customers or competitors. If you would rather talk, call (855) 637-2776.
- A value range and what is driving it
- An honest answer about whether now is the time to sell
- No fee unless and until your company sells