Greenhouses & Retail Nursery with 3 Acre RE Included

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Greenhouse and retail nursery with over 30 years of experience for sale!
Asking Price:
$499,500

Gross Revenue:
$967,841
Cash Flow:
$85,724
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$75,000
included in asking price

Real Estate:
$424,500
included in asking price

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Business Description

Nursery in business for over 30 years producing quality plants including flowering annuals, perennials, lilies, tulips, poinsettias and specializing in hanging baskets. Retail sales begin in April and run through July. With seven retail locations business has grown to over $967,000 in 2017.

About the Business

Location:
Carlton County, Minnesota
Year Established:
1986
Number of Employees:
4 FT/72 PT
Real Estate:
Owned
Facilities:
Main facility includes retail building, 50,000 sq ft of greenhouses, storage area and loading dock all located on 3 acres of land. Newer boiler used to run radiant heat with additional boiler and generator for back up. Two additional commercial lots in neighboring cities of 1.38 and .9 acres with retail buildings on busy highways are included and used for retail sales, great for additional growth. Business has all the equipment to furnish their four additional satellite locations including greenhouses and racking.
Market Outlook/
Competition:
No local competition.
Growth & Expansion:
Great growth potential with both wholesale and retail sales. Additional marketing through both website and social media should help improve sales. Business is well known throughout community for superior plant products.
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About the Sale

Reason For Selling:
Owners are looking to retire and travel.
Training/Support:
Will train for 4 weeks @ no cost.
No special license needed to operate facility.

Listing Info

ID:
1363237
Ad Detail Views:
1502

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Business Listed by

Dennis Knapp

Murphy Business & Financial Corporation
License# 40511144

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Sponsoring Broker:

Patrick Steffl
Murphy Business & Financial Corporation
License# 15277


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