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Financing: $400,000.00 Down and $175K over 5 years at 6%. Negotiable. Reason for Selling:Retirement. Nursery & Garden Center on over 2.5 Acres in a picturesque LI community. Price Reduced. The current owner has been running this business for the past 20 years and is finally ready to retire. The business is coming off its best full year of sales with gross revenue of $2,519,373.00 and an owner's benefit of approx. $219,131.00. Sales have consistently been over $ 2mil for the past several years and finally went over $2.5 mil in 2020. Covid has caused many new residents to move into the area and they are staying indefinitely. This business is a landmark in the community. There is no large box store for many miles. This is the main stop in the area for lawn, garden, plants, pet supply, propane, mason supply and more. They have recently started offering online ordering for in store pick up. This can be greatly expanded. The property is actually over 2.5 acres and zoned light industrial. No more commercial building is being allowed in the area so the property with zoning of this kind is very difficult to find. The owner is willing to stay for up to one year in a training and transition period. There is room to add many services such as landscaping, irrigation, fencing and masonry. These are all services that have been requested by customers. We are seeking a serious and financially qualified buyer with at least $669K in liquid funds to cover the $400K down payment and approx. $240K in inventory. Inventory can be as high as $440K in the spring. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only! Proof of funds shall be requested prior to a call or meeting with the owner.
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |
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