Texoma Retail-Commercial Garden, Landscape Design Center 20531

Asking PriceNot Disclosed

Cash Flow
$385,400

EBITDA$310,400

Gross Revenue$2,520,000

Inventory$300,000
Included in asking price
FF&E$160,000
Included in asking price
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Texoma Retail-Commercial Garden, Landscape Design Center 20531


Asking PriceNot Disclosed

Cash Flow
$385,400

EBITDA$310,400

Gross Revenue$2,520,000

Inventory$300,000
Included in asking price
FF&E$160,000
Included in asking price

Seller Financing Available
Business Description
Company is a 46 year old full-service retail & wholesale nursery/garden center on ~6+ acres, serving retail individuals, landscaping & Irrigation professionals, & commercial/institutional accounts across a regional Texoma market in NTX & SOK. Business offers plant material, garden products, & advisory services with everything needed for landscaping needs. A robust inventory includes thousands of annuals, perennials, shrubs, shade & ornamental trees, succulents, seasonal displays, plus hardscape features like fountains, birdbaths, & glazed pottery. Additional products include soil amendments, mulches, irrigation supplies, hardscape supplies, synthetic & organic fertilizers (including their own branded lawn fertilizer tailored to local conditions), weed & pest controls, & landscape tools & edging supplies.
Business has been completely modernized including new website with full e-commerce ability, leading edge Point Of Sale, & inventory system, which are synchronized, so that retail or commercial customers looking for particular plants can find the nursery & search inventory. The modernization has capitalized on strategic strengths including robust inventory size/selection, Garden Coach guidance & design assistance. Both retail & landscapers use the garden center to design their landscape. Irrigation & watering all plants are now also automated with programmed watering & fertilizer injection. This has created a full service destination for customers who love plants & a new digital resources for a broader exposure, especially to younger “digital-native” consumers. The modernization means that the business is relatively easy to learn, & manage for a new owner.
Retail customers benefit from a wide range of plant options—from increased indoor houseplant inventory & color rich annuals to large specimen trees—and expert support via “Garden Coaches,” who offer planting guidance to help each purchase succeed. Commercial landscaping customers use the Company as a design & shopping experience for their end users, where plants can be picked out or bought by the homeowners, & then held for landscapers to pick up the next day. THINK HOLISTIC DESIGN CENTER! Sales mix is typically ~29% plants, ~25% shrubs, ~18% hardgoods (incl soil/fertilizers/pesticides) ~11% trees, ~8% irrigation & drainage, ~9% all others.
They are a resource hub with community focused events & full array of educational classes (eg gardening, beekeeping, pollinator gardens, …), positioning themselves as both a supply resource & community hub for green space cultivation. A Garden Coach is ALWAYS onsite for questions & guidance.
Owner feels that a major advantage over competitors is experience, professionalism, & seniority of their loyal, dedicated employees. They are excellent & a major asset to the Company. Key management is in place with 50+ yrs landscaping experience 1) Nursery Manager, 2) Retail Manager, 3) Commercial/Irrigation Sales Manager. Owner has transitioned almost all day to day operating responsibilities to the well-trained, capable, dedicated employees, such that the owners spend MINIMAL time working in or at the business, other than owner oversight.
Company receives repeat business & referrals from ~2,400+ retail & ~110+ commercial, plus ~5,000+ installed base of customers. Owner estimates business is operating at 40-50% capacity & feels business could increase sales & profits by adding design/landscape services, planting/installation crew, stone & other landscape products, and grow/up-pot plants ahead of seasons by using existing greenhouses.
Purchase Price: Asking price for the assets of the business is NEGOTIABLE. Seller will consider financing up to 10% of the price to a purchaser qualified/approved by the Seller. SELLER PREFERS TO SELL FOR ALL CASH. Assets include $300k Inventory & $163k FFEV.
NOTE: THE SALE OF A BUSINESS IS CONFIDENTIAL & DISCREET; PLEASE DO NOT VISIT THE BUSINESS OR SPEAK WITH ANY EMPLOYEES OR OWNERS.
About the Business
Years in Operation
46
Facilities & Assets
The seller owns the real estate (~6.77 acres) and is willing to offer a long-term lease for $7,300/mo + NNN to the purchaser (or sell in a separate real estate transaction. Additional adjacent land for expansion is also available. Cash flow has already been adjusted for market rent.
Market Outlook / Competition
Business attracts customers from North Texas and Southern Oklahoma. The owner feels that the industry is very competitive. Despite the presence of competitors, the business has continued to thrive for 45+ years and can further grow with marketing and expanding to adjacent markets and services. ALL STATEMENTS, FIGURES, AND VALUES ARE SUBJECT TO A PROSPECTIVE PURCHASER’S DUE DILIGENCE. THE INFORMATION FURNISHED BY M&A ADVISOR ABOUT THE BUSINESS & ITS FINANCIALS HAS BEEN PREPARED BY OR IS BASED UPON REPRESENTATIONS AND INFORMATION SUPPLIED BY THE SELLER.
Opportunities for Growth
Company receives repeat business and referrals from an estimated 2,400+ retail and 110+ commercial, plus a ~5,000+ estimated installed base of customers. Owner estimates that the business is operating at 40-50% capacity. A new, energetic owner can further increase sales & profits in many way: adding design/landscape services, planting and installation crew, stone and other landscape products, and grow and/or up-pot plants ahead of seasons by using existing greenhouses.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,880
Rent
$7,300.00 per month
Lease Expiration
12/30/2035
About the Sale
Seller Motivation
Relocation
Transition Support
Seller will train buyer for 4 weeks included with the purchase price. Seller is willing to provide additional training at mutually agreed compensation for a finite period. NOTE: SELLER PREFERS TO SELL TO PROSPECTIVE PURCHASERS WITH LANDSCAPING, NURSERY, & GARDEN INDUSTRY OWNERSHIP or SENIOR MANAGEMENT EXPERIENCE + MINIMUM $250K LIQUIDITY & PROOF OF FUNDING TO QUALIFY
Financing Options
Price NEGOTIABLE, up to 10% Seller-Financing to qualified buyer
Listing Info
ID
2428402
Listing Views
Attached DocumentsAttachment Disclaimer

01_Texoma_Retail_Commercial_Garden_Landscape_Design_Center_20531.pdf


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Business Listed by: Jeff PE, MCBC, CBB, FRC Adam Noble Group, LLC

Listing ID: 2428402 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. See our full Terms of Use. Learn how to avoid scams.


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