Asking Price
Not Disclosed
Gross Revenue
$4,808,522
Cash Flow
$614,569
Overview
Asking Price
Not Disclosed
Gross Revenue
$4,808,522
Cash Flow
$614,569
Industry
Lawn & Garden Equipment And Supplies Store
Year Established
1946
Employees
30 full time and 60 part time
Inventory
$1,500,000 (Included in asking price)
FFE(Furniture, Fixtures and Equipment)
$615,000 (Included in asking price)
Property
Freehold
Value of Real Estate
$2,500,000 (Included in asking price)
Business
Description
This is a rare opportunity to acquire a premier full-service garden center. Has been family owned for 80 years with a loyal customer base, an experienced staff, and one of the largest plant selections in the state. The facility is just 25 yrs old and boasts a destination retail garden center, a full-service florist, a landscape design and installation division, giving a buyer multiple complementary revenue streams under one well-respected regional brand.
Operating a modern retail space and greenhouse campus with covered walkways in the nursery; anchored by a 44,000-square-foot of purpose-built retail, warehouse, nursery and greenhouse, accommodating the company’s full range of services. Sitting on 15 acres with plenty of additional room to expand. A tenured management team and trained staff, including certified Green Industry Professionals, are prepared to support a transition. Well suited for a strategic buyer in the green industry, a private equity group seeking a platform addition or an experienced operator, investor or family looking to steward a well-established regional institution.
Operating a modern retail space and greenhouse campus with covered walkways in the nursery; anchored by a 44,000-square-foot of purpose-built retail, warehouse, nursery and greenhouse, accommodating the company’s full range of services. Sitting on 15 acres with plenty of additional room to expand. A tenured management team and trained staff, including certified Green Industry Professionals, are prepared to support a transition. Well suited for a strategic buyer in the green industry, a private equity group seeking a platform addition or an experienced operator, investor or family looking to steward a well-established regional institution.
Growth Prospects
E-Commerce and subscription programs
Landscape services expansion
Wholesale expansion and further diversification
Partner with community groups providing education opportunities
Landscape services expansion
Wholesale expansion and further diversification
Partner with community groups providing education opportunities
Sale
Reason for Selling
Owners are retiring after long and successful careers
Training/Support
Diverse, cross trained, long-term employees
Corporate structure provides well defined roles and leadership
Handbooks and operating procedures in place
Corporate structure provides well defined roles and leadership
Handbooks and operating procedures in place
Premises
Facilities
44,000 Total Square feet of Retail, Warehouse Space
Covered walkways and demonstration gardens
Plenty of warehouse and parking space
Conveniently located near major highways
Estimated value 2.5 million
Covered walkways and demonstration gardens
Plenty of warehouse and parking space
Conveniently located near major highways
Estimated value 2.5 million
Location
Michigan, MI
Contact The Seller
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