MergerPlace

Greenhouses & Retail Nursery

Minnesota


  • Asking Price: $499,500
  • Gross Income: $967,841
  • Cash Flow: $85,724
  • Real Estate: $424,500
  • Inventory: Not Disclosed
  • FF&E: $75,000
  • Listing ID: #199080
  • Established: 1986
  • Employees: 4 FT/ 72 PT

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.


Business Details

Primary Business Category: Agriculture - Crop Production
Location: Minnesota

Company Information

Year Established: 1986
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT/ 72 PT

Financial Information

Asking Price: $499,500
Gross Revenue: $967,841
Cash Flow: $85,724
FF&E: $75,000
Real Estate: $424,500
Seller Financing Available: No

Property Information

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.

Growth & expansion opportunities:

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.

Competition:

No local competition.

Reason for selling:

Owners have operated business for over 30 years, building a solid reputation known for quality products and giving back to the community. They are looking forward to retiring and traveling.

Support & Training:

Will train for 4 weeks @ no cost. No special license needed to operate facility.

Contact Business Seller

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Business Listed By:

Dennis Knapp

Murphy Business Brokers