Premier Garden Center

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Premier Garden Center
Asking Price:
$1,900,000

Gross Revenue:
$1,200,000
Cash Flow:
$195,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
not included in asking price

FF&E:
$400,000
included in asking price

Real Estate:
$1,200,000
included in asking price

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Business Description

This Business was started more than thirty years ago and has established itself as a a premier local greenhouse by providing top quality annual and perennial flowering plants to consumers and landscapers. The Business also sells a wide variety of concrete statuary and memorial items that helps distinguish it from other greenhouses. The Business is located on a well traveled thoroughfare with easy access and plenty of paved parking. The 25,000 sq.ft. greenhouse is well facilitated with an automatic watering system, return drains, and ventilation. The aisles are wide, smooth and easy to maneuver. There is an ample number of carts and staff to assist customers with getting their purchases to the front of the store and their vehicles.

The Business has opportunity for growth as there is room for expansion on the property.
It is being sold as a part of the owner's succession planning strategy.

About the Business

Year Established:
2004
Number of Employees:
6
Real Estate:
Owned
Building Sq. Ft.:
30,000
Facilities:
The sale of this Business includes prime real estate, building/structures and equipment.
Market Outlook/
Competition:
This Business has little competition in its location and competes well against the big box stores. The Business enjoys repeat sales by customers year after year.
Growth & Expansion:
As the Business does little to no advertising, there is significant growth opportunity through website, social media and traditional advertising. While the Business is a local icon for flowering plants, additional products lines such as landscaping/nursery supplies and/or Christmas/Holiday offerings would increase revenue, help with off-season expenses and increase profitability.
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About the Sale

Reason For Selling:
Retirement and Succession Planning
Training/Support:
The owner will assist the buyer in facilitating a smooth transition as necessary.

Listing Info

ID:
1341994
Ad Detail Views:
868

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Business Listed by

John Taller

BND Business Brokerage

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Source: Decennial Census (2010), United States Census Bureau.

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