Growing Wholesale Plant Nursery
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Listing No.: 106-15544
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Category: Wholesale
| Asking Price | $550,000 |
| Down Payment | $ |
| Gross Revenue | $919,958 |
| Total Adjusted Net Income | $226,495 |
| Equipment/Fixtures | $100,000 |
| Year Established | 2004 |
| General Location | North County San Diego |
This specialty wholesale nursery has been growing steadily since it’s inception 16 years ago and 2020 is on track to exceed $1M in sales! Seller Discretionary earnings have already exceeded 2019 levels through just August and seller projects should easily exceed $300k in 2020. The Company is thriving in this current pandemic environment and is positioned well for future growth. Strong branding and loyal following of repeat clientele. Future orders valued at approximately $400,000 are booked and included in the asking price. The owners invested well over $220,000 into all of their equipment and leasehold improvements included in this sale along with approximately $150,000 of inventory. The company is among the leaders in the specialty market which they serve, and they utilize a proprietary web based order system,which allows for ease of customer access and ordering a wide variety of local plants. Three market segments are currently being served, each representing approximately a third of total revenue, including sales to retail nurseries and garden centers, restoration, and landscape contractors sales. Lot size of 16 acres with greenhouses, shade houses and a well. The sellers are ready to retire and are looking for a plant enthusiast, or industry specialist, to take over this successful, growing operation. No prior training or education is required and sellers will stay on to help transition the business to a new owner.
| Gross Revenue | $919,958 | Listed Price | $550,000 |
| Total Income | $226,495 | Down Payment | $ |
| Base Rent | $ | Square Feet | ft2 |
| Total Rent | $2,300 | Lease Description | Flexible Lease Terms |
| Rent Deposit | $ | Lease Options | 1 Year, 5 Year, and 10 Year Option |
| Inventory | $150,000 | Leashold Improvements | $120,000 |
| Equipment/Fixtures | $100,000 | Other Assets |
| Full-Time Employees | 10 | Training Period | 2 Weeks |
| Part-Time Employees | Special License Required | ||
| Contract Staff | Reason for Selling | Retirement |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.