High Vol., 1 Acre Garden Center and Property 23586

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$430,000 $1,290,323

Services: Non-classifiable


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RE: High Vol., 1 Acre Garden Center and Property 23586 Broker: Melvin L. Vaz
Owner Financing is Available!
300,000.00 Down & $130K over 3 yrs. @ 6%. ( Property available for an additional $540K)

Quick Facts

Asking Price: $430,000
Annual Revenue: $1,290,323
Net Profit: Not Disclosed
Cash Flow: $186,617
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 4
BBN Listing #: 97954447
Broker Reference #: 23586

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Business Overview:

High Volume Garden Center and Property in an affluent South Shore town. They operate for 9 months each year. The current owner has been here for 14 years and although there are competitors in the area, this is the largest and best known center. In fact, sales are up 10% in 2013. They offer a very wide selection of Nursery and Garden items, many of which cannot be found anywhere else on Long Island. The business is almost entirely retail. Wholesale business is negligible. In 2012 gross Sales were approximately $1,400,000.00 with a Net Income of approximately $171,599.00. In season inventory is approximately $350,000. The owner will offer a 10 year lease with an option to buy the property. There are 2 lots. One .87 acre lot and a second .26 acre lot. The property is available for $450,000 through PMTG Realty. Rent would start at $3,900/month. for use of 2 lots and a 5,000 square feet building (retail and residential zoning). The sale also includes 3 forklifts and 2 trucks. The business and property together are selling for $970,000. We are looking for a serious and financially qualified buyer with some knowledge of the industry. The seller will offer a thorough training program and guide you in buying inventory for next season. Buyers will be required to provide proof of funds for at least $400,000 to cover the down payment, working capital, etc. If you fit the criteria, please call or email Mel Vaz today.

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Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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