Popular Garden Center Over Two Million Dollar Sales For Sale

Business description

Very attractive, well maintained facility, absentee run business. Seasonal garden center (trees, shrubs, etc.), with gift shops, large indoor seasonal displays, grills, birdhouses, gift items, etc. Sale includes: Goodwill, signs, limited non-compete agreement (will continue to own, and operate another location), furniture, fixtures & equipment, excludes trade name (will allow use of trade name for a transition period), website, and receivables. Value of the inventory @ wholesale cost estimated to be on average $400,000.00, but can vary significantly depending on the time of year.

Property information

Real Estate:

Real Property Included

Lease terms:

Real estate price is $900,000(included in price.)Approximately 4.7+ acres, with multiple buildings, and parking area. Retail display areas, as well as, indoor greenhouse. Indoor greenhouse display, showcasing plants, flowers etc. Large fenced in outdoor area, for seasonal displays of shrubs and plants. Rental income from two additional buildings, operations are unrelated to the owner's of the garden shop, contributing monthly rental of $3,075.00 per month, annually, $36,900.00.

Other information

Expansion potential:

Growth through more aggressive hands-on owner operator. Also The broker believes the bottom line can be improved, particualiy through labor dollar savings, via the efforts/control/observation of a hands on owner/operator.

Competition / Market:

Normal competition. Some big box stores in the surrounding areas, but normally the product and level of service of the big box store is inferior.

Support & training:

Owner will advise.

Reasons for selling:

Health reasons

Financing available:

Some negotiable financing available..

Inventory / Stock value:

$400,000