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Great Nursery/Real Estate Investment !!

| Asking Price: | $3,475,000 | Inventory: | $2,000,000 ++ |
| Gross Revenue: | $1,000,000 | Real Estate: | $3,000,000 ++ |
| Cash Flow: | $100,000 (comments below) | FF&E: | $200,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Minimal due to slow sales | |||
This is a wholesale nursery business, that could be continued as such, or this land could be used for development in the future. The nursery has a federally registered trademark and desirable “800” phone number and is absolutely unique, with 28 acres of container grown landscape plants, and a shade house that is over an acre in size. The nursery stands out from the rest as it has concrete cart paths throughout, and highly engineered surface drainage and water retention/source. Oversized irrigation piping allows total simultaneous watering of entire nursery and provides irrigation capability when there is a power failure, when needed for freeze protection, or for quick watering when plants are under transpiration stress. This irrigation system can provide over 3000 gallons per minute of irrigation water. This family owned nursery has been in business since 1979 and performed a 3 year contract grow for Disney’s Animal Kingdom and currently has a vendor contract with Lowe’s Home Improvement Centers. Additionally, there is an optional lease on a nearby 3 acre nursery/retail garden center outlet (with greenhouses) on a main road. The site is conveniently located East of I-95 and the Florida Turnpike and approximately one mile west of US-1, with a nearby college, hospital and medical office buildings. The wholesale nursery is on a paved road and is surrounded with home sites and backs up against a natural preserve area. There is high developer interest in this choice area. At current reduced offering price, now is an ideal time to buy.
The recession has had a significant effect on all nurseries and their recovery is certain, with the best being the leaders. The seller’s, because of health/age, are indeed motivated to sell now. They have turned down, in years past, $4 Million for the real estate “only” (excluding the business/assets along w/$2M of inventory). This new asking price represents a reduction of 50% from the original price, to assure a quick sale within the next few months. Please feel free to contact the broker for more details.
The recession has had a significant effect on all nurseries and their recovery is certain, with the best being the leaders. The seller’s, because of health/age, are indeed motivated to sell now. They have turned down, in years past, $4 Million for the real estate “only” (excluding the business/assets along w/$2M of inventory). This new asking price represents a reduction of 50% from the original price, to assure a quick sale within the next few months. Please feel free to contact the broker for more details.
About the Business
Year Established:1979
Facilities:28 Acre wholesale nursery and a retail garden center.
Market Outlook and Competition:This nursery is a great long-term investment as the real estate is surrounded by residential development, hospitals, churches, a college, etc. Developers were actively pursuing this property in 2004-2005 and will be back again when the housing market recovers. Buy at the low price NOW and sell at a profit in a few years.
About the Sale
Management Training and Support:Sellers are willing to provide one month of training/transitional support at no additional cost and long term support is negotiable.
Reason For Selling:Sellers are retiring due to health reasons.
Seller Financing:ALL OFFERS WILL BE CONSIDERED.
KEYWORDS: landscape, landscaper, landscaping, green, garden, grow, Florida, business, opportunity, flower, gardening, gardener, nursery, nurseries, Stuart, county, install, installation, garden, center, plant, plants, planting, planter, tree, grass, investment, Martin, preserve, developer, development, real, estate
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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