Business Overview:
Here is a lifestyle business for nature lovers! This is an opportunity to own a business dedicated to everything bees, bee supplies and related products. The rural location has been a destination for those who need bee supplies since 1992. The main business is beekeeping supplies with the exclusive distribution rights for top names in beekeeping supplies with some sales of beeswax products, candles, etc. They supply honey at retail pricing to local shoppers and at wholesale pricing to local businesses, coffee shops and restaurants.
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Property Features and Assets:
There is approximately 2,000 square feet - retail space and the workshop are on the downstairs level at approximately 1000 square feet; the office, classroom/shipping center, and the storage space are approximately 1000 square feet.
The lease is month-to-month. The current monthly rate is $1,550. The Landlord will extend the lease to the new owners.
Assets = $88,500
Market Competition and Expansion:
This is a well established business whose closest local competition is over an hour's drive away.
BISWorld expects industry revenue to grow an annualized 1.3% to $678.1 million over the five years to 2026. The industry is expected to continue buzzing along as more agricultural producers demand honeybees for pollination services, and these services will likely drive industry performance over the next five years. Still, industry operators are expected to be wary of colony collapse disorder, as well as other factors affecting the livelihoods of bee populations.
The potential for growth is high for someone who is motivated. Untapped areas are helping others with hives, host hives on properties, and mobile honey harvesting and there is a big market for home and garden that is undeveloped. This business could expand into a home and garden center, as well!
Reason for Selling:
Owners are moving out of state.
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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