MW MI Greenhouses

Not Disclosed, MI
Grand Traverse County


Asking Price: Annual Revenue:
Not Disclosed $370,000

Retail: Non-classifiable


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RE: MW MI Greenhouses Broker: William Malek

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $370,000
Net Profit: Not Disclosed
Cash Flow: $74,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 15
BBN Listing #: 274656932
Broker Reference #: 190501

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Business Overview:

NW MI Greenhouses is a life style business offering greenhouses covering 27,000 square feet, three storage buildings, and a 2800 square foot home sitting on ten acres of property zoned agricultural and residential. A returning customer base and a well-organized six-month seasonal business is producing $74,000 plus per year in net cash flow.

Income growth is available by expanding greenhouse square footage on three acres of vacant property and by extending plant production year-round. Currently the Company has thirteen employees that includes two managers plus the two owners

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Property Features and Assets:

Thirteen Greenhouses covering 27,000 square ft, three metal building for storage and shop space, and an adjoining 2,800 square foot home sitting on ten acres is-truly a life style to enjoy. The 2800 square foot home boasts a 1,515 square ft. open floor plan, included on the main floor is three bedroom, three baths, a two-car garage, and wrap around deck perfect for enjoying sunrise and sunset views. And a lower level features an office and walk-out basement.

Market Competition and Expansion:

Established in 1989 this successful retailer offers hanging baskets, perennials, annuals, shrubs, vegetable, herb plants, and garden accessories. Unlike their competitors this Company grows from seed and propagates from their own plant clippings to produce a higher quality plant.

Reason for Selling:

Retirement

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.

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