Desert Plant Nursery
Location: Arizona
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Asking Price: $4,010,000
Gross Revenue: $3,727,104
Gross Revenue Comments: 2007
Inventory: $2,000,000 (Included in Asking Price)
FF&E: $1,500,000 (Included in Asking Price)
Real Estate: $510,000 (Included in Asking Price)
Seller Financing: Negotiable
Business Summary
This decades old wholesale nursery operation grows over 350 varieties of cacti and native desert plants on its 50 acre farm. The company sells primarily to landscapers, municipalities, and retail plant yards in Arizona. The sale includes all farm equipment, vehicles, well pumps, irrigation equipment, greenhouses, etc. necessary to the operation and valued at $1.5 million, plus all plant inventory in various stages of growth valued at $2 million plus 50 +/- acres of farm land. Since the farm property is necessary to the operation, it must be sold with the business. The property was recently appraised at $510,000. Owner wants to retire so the business and land are being offered at pure asset value of $4.01 million. An 88 page offering report including company history, equipment list, plant list, financials, property profile and pictures is available to qualified buyers. Contact broker for more information. 2006 SDE was in excess of $500K. Economic conditions affected profits in 2007 resulting in lower SDE.
About the Business
Employees: 60 full time -
Facilities: See business description.
About the Sale
Management Training and Support: Seller will stay on for a reasonable period to assure a smooth transition.
Reason For Selling: Retirement.
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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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