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RE:  Popular, Profitable Growers Supply Center Contact:  Raymond P Dowd
License #: 01890916

Quick Facts

Asking Price: $299,000
Annual Revenue: $513,643
Net Profit: $48,280
Cash Flow: $48,280
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 4
BBN Listing #: 4204931
Broker Reference #: EG10926

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Business Overview:

Popular, profitable and dependable local source of high quality proprietary soils, exclusive and organic nutrients, plant food, indoor vegetable garden hardware catering to local farmers, growers and gardeners for over a decade. Excellent lease, clean, well organized warehousing and local delivery make this a 'go to' retail store for a wide variety of stocked products and expert advice from years of experience. Opportunity is to acquire ~$100,000 inventory, ~$50k fixtures and equipment plus recent back to back annual net cash flows above $200,000 for only $299,000. Owners have have started other careers so one new, full time working owner could resume 2021 results. EG10926

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Property Features and Assets:

The current lease will expire on 6/30/2027, Rent $3,470, NNN $512, 3,940 square feet. Hours Monday thru Saturday from 10 am to 6 pm. The amounts shown as Annual Revenue and Cash Flow ae for 8 months ending September 2022.

Reason for Selling:

Nursing School.

Additional Details:

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

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