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Great Nursery/Real Estate Investment - Martin County

Stuart, Florida (Martin County)

Services - Landscaping & Yard Services | Agriculture

$Seller Financing Available

Asking Price $3,475,000 Inventory $2,000,000* 
Gross Income $1,000,000 Real Estate $3,000,000* 
Cash Flow $100,000 Year Established 1979
FF&E $200,000* Employees N/A

* included in the asking price

** not included in the asking price

This is a wholesale nursery business, that could be continued as such, or this land could be used for development in the future. The nursery has a federally registered trademark and desirable 800 phone number and is absolutely unique, with 28 acres of container grown landscape plants, and a shade house that is over an acre in size. The nursery stands out from the rest as it has concrete cart paths throughout, and highly engineered surface drainage and water retention/source. Oversized irrigation piping allows total simultaneous watering of entire nursery and provides irrigation capability when there is a power failure, when needed for freeze protection, or for quick watering when plants are under transpiration stress. This irrigation system can provide over 3000 gallons per minute of irrigation water. This family owned nursery has been in business since 1979 and performed a 3 year contract grow for Disney s Animal Kingdom and currently has a vendor contract with Lowe s Home Improvement Centers. The site is conveniently located East of I-95 and the FL Turnpike and approximately one mile west of US-1, with a nearby college, hospital & medical office buildings. The wholesale nursery is on a paved road and is surrounded with home sites and backs up against a natural preserve area. There is high developer interest in this choice area. At current reduced offering price, now is an ideal time to buy. The recession has had a significant effect on all nurseries and their recovery is certain, with the best being the leaders. The seller s, because of health/age, are indeed motivated to sell now. They have turned down, in years past, $4M for the real estate only (excluding the business/assets along w/$2M of inventory). This new asking price represents a reduction of 50% from the original price, to assure a quick sale within the next few months. Please feel free to contact the broker for more details.

Facilities: 28 Acre wholesale nursery and a retail garden center. Additionally, there is an optional lease on a nearby 3 acre nursery/retail garden center outlet on a main road.

Competition: This nursery has an excellent reputation for quality plant material available in a suburban nursery location.

Growth/Expansion: This is an excellent long term investment opportunity as this property was sought after by a few developers in 2004-2004 and they will return again in a few years when the housing market recovers.

Seller Financing Available: Yes

Financing: All Offers Will Be Considered.

Support/Training: Sellers are willing to provide one moth of training/transitional support at no additional cost and long term support is negotiable.

Reason Selling: Sellers want to retire.

Business For Sale By

Chad B. Butler

877-303-9009

Landscape Depot Investments

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