Location: Grayson County
Industry: Nursery and Garden Centers
Listing ID: 42060359
Listing Status: Sold
SOLD! Full-service nursery & Garden Center in business in the same location for 43 years. The nursery sells all plant and landscaping products including perennials, blooming annual flowers and shrubs, native evergreen shrubbery, blooming trees, shade trees, and citrus trees, as well as tropical plants. They also sell a huge selection of summer vegetables and herbs.
The nursery also sells a full selection of soils, mulch, and amendments, as well as potting and planting soils. There is a large selection of pottery and decorative garden supplies. They also offer sprinkler system parts and sell to many professional irrigators as clients.
This is a business that is relatively easy to learn and manage. Of course some knowledge of the product is beneficial, but not necessary in order to continue managing the business successfully. One of the owners is willing to remain in place for extended employment if the new owner desires, or only a short tenure for training to ensure a smooth and successful transition.
The offering includes the business itself and nine acres of commercial land fronting a busy road. There is an office structure that is roughly 1,200 sq. ft. and a 2,300 sq. ft. glass greenhouse with multiple rollup doors for retail sales. Also included are 20 shades houses, a 1,500 sq. ft. metal shop building for sprinkler parts with an air-conditioned office, and various other storage structures.
Note: additional revenue opportunity may exist by opening on Sunday which is traditionally a very busy day for Garden Centers. And, remaining open one hour later until 6pm on weekdays could be advantageous.
Long-term SBA financing is available on this business with 10% down. Please email the NDA to obtain the Confidential Business Review on this company.
Down Payment: $525,000
Total Sales: $2,963,952
Cash Flow: $751,762
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE Included: Yes
Inventory Included: Yes
Year Established: 1979
Lender Pre-Qualified: Yes
Non-Owner Payroll: N/A
Absentee Owner: No
Real Estate: $1,100,000
Real Estate Included: Yes
Monthly Rent: N/A
Type of Location: Industrial / Commercial
Reason For Sale: Retirement
Training & Support: Seller will assist with training and transitional support
Seller will assist with training and transitional support