Nursery – Garden Center includes 9 acres – buildings

Price: $3,499,000

Location: Grayson County

Industry: Nursery and Garden Centers

Listing ID: 42060359

Listing Status: Sold

Description

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.

LISTING DETAILS

Down Payment: $525,000

Total Sales: $2,963,952

Cash Flow: $751,762

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $400,000

FFE Included: Yes

Inventory: $200,000

Inventory Included: Yes

Operation

Year Established: 1979

Lender Pre-Qualified: Yes

Non-Owner Payroll: N/A

Employees: 40

Absentee Owner: No

Location

Real Estate: $1,100,000

Real Estate Included: Yes

Monthly Rent: N/A

Type of Location: Industrial / Commercial

Franchise: No

Summary

Reason For Sale:

Retirement

Training & Support:

Seller will assist with training and transitional support