Business for Sale Overview:
This real estate opportunity includes a “Disney-like” clean 28 acre wholesale nursery with unique systems in place that stand out from the rest, such as concrete paths throughout the entire nursery and a highly engineered water retention system/source. This nursery also includes a retail garden center located only minutes away from the wholesale nursery. This nursery has been in business since 1979 and has a strong reputation, supplying landscape material in the past for Disney’s Animal Kingdom and contracts with Lowe’s Home & Garden Center, Home Depot, Walmart, etc.
The site is conveniently located East of I-95 in an area which has high residential developer interest. The nursery is surrounded with home sites on three sides and backs up against a natural preserve area. This becomes a long-term financial investment, which will easily sell to developers in the next 3-5 years, while earning an income to pay the real estate mortgage. Three developers expressed an interest in the property in 2005-2006 offering in the range of $4MM for the real estate “only” (excluding business & inventory), but the sellers were not ready to retire yet. The 10 acre property adjacent this nursery has sold within the last year for $1MM to a developer.
The economic decline has certainly had an effect on all landscape nurseries and as result, this company has minimal profit margins. The $2MM in current inventory should be turning 2x/year, to maximize the real estate and fixed overhead costs. If sales could be doubled, through aggressive marketing, then profit margins would be sufficient enough to pay for the real estate loan, until the builder/developer demand re-energizes again.
The sellers are in their 70’s and motivated to sell as they are seeking to retire due to health reasons and with the recent declined economy, they have decided to sell the Real Estate and Business/Investment. Please feel free to contact the broker for more details. ALL OFFERS CONSIDERED!!
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Asking price includes real estate valued at $3,000,000, inventory valued at $2,030,000 and Fixtures, Furniture & Equipment valued at $200,000.
Reason for Selling:
Sellers want to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.