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Business For Sale

POPULAR $2.24 M SALES GARDEN CENTER

Attn: Bill Ostrander
Hartford County, CT, USA
Listing Number: "1228BO"
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Asking Price: $1,050,000 USD USA Dollars
Business for Sale Industry: Retail: Hardware Stores, Garden Centers  
Reason for Selling: Health reasons.
Yearly Cash Flow: $$293,900
Yearly Gross Income: $$2,244,000
 

Business for Sale Overview:

Very attractive, well maintained facility, absentee run business. Seasonal garden center (trees, shrubs, etc.), with gift shops, large indoor seasonal displays, grills, birdhouses, gift items, etc. Sale includes: Goodwill, signs, limited non-compete agreement (will continue to own, and operate another location), furniture, fixtures & equipment, excludes trade name (will allow use of trade name for a transition period), website, and receivables. Value of the inventory @ wholesale cost estimated to be on average $400,000.00, but can vary significantly depending on the time of year. Some negotiable financing available.


Property Features and Assets:

Real estate price is $900,000 (included in price). Approximately 4.7+ acres, with multiple buildings, and parking area. Retail display areas, as well as, indoor greenhouse. Indoor greenhouse display, showcasing plants, flowers etc. Large fenced in outdoor area, for seasonal displays of shrubs and plants. Rental income from two additional buildings, operations are unrelated to the owner's of the garden shop, contributing monthly rental of $3,075.00 per month, annually, $36,900.00.


Market Competition and Expansion:

Competition: Normal competition. Some big box stores in the surrounding areas, but normally the product and level of service of the big box store is inferior. Growth and Expansion: Growth through more aggressive hands-on owner operator. Also The broker believes the bottom line can be improved, particualiy through labor dollar savings, via the efforts/control/observation of a hands on owner/operator.


Additional Details:

  • The property is owned.
  • The owner may be willing to train/assist the new owner.
  • The owner is not willing to work for 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.

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