Elite Garden Center & Landscaping Business

Memphis, TN (Shelby County)

Seller Financing Available
80 Flicker Street
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Asking Price: Get Financing: $971,300

Cash Flow: $81,501

Gross Revenue: $1,100,000

EBITDA: $113,886

FF&E: $124,000

Inventory: $165,000

Real Estate: $650,000*

Established: 1968

*not included in asking price.

Elite Garden Center & Landscaping Business

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Business Description

Long Established Garden Center & Landscaping Business Available

UrbanEarth Greenhouse Garden Center and Landscaping Services have been in business
and operated by the Touliatos Family in Memphis for over 50 years. The Touliatos name is synonymous with quality and with excellent customer service. The Showroom is conveniently located in Mid-Town Memphis at 80 Flicker Street. The Showroom contains over 4,500 sq ft of
unique items such as decorative pots, fountains, water garden products, and home decor products.
Also contained in their attractive brick building is 1,200 sq. ft. of private office space and
1 ,250 sq. ft. "education annex" that is utilized for educational classes and meetings.
Adjacent to the Showroom are four (4) greenhouses that contain over 15,000 sq. ft. of growing area for the unique and beautiful plants grown for our customers and also utilized by our landscaping services.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
6,900
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Brick Building located at 80 Flicker Street in Mid-Town Memphis. Four Greenhouses with over 15,000 sq. ft. of growing spaces for plants. Experienced and Well-trained Staff Over 50 years of history in the Nursery and Landscaping business for the Touliatos Family. Landscaping equipment and vehicles Plant Inventory Showroom Inventory
Competition:
UrbanEarth is located in a central location for the Greater Memphis Area in Mid-Town Memphis at 50 Flicker Street.
Growth & Expansion:
There are several areas of expansion open to the new owner. Listed are the ones that would be the most profitable to the new ownerhip: 1)Business licensed to provide Irrigation, but has never offered this service. 2)Bulk Mulch Sales. Present have 5 acres of unused lease land for which to store mulch 3)Presently the business does not offer grass cutting services for residential and commercial customers, nor does the business offer leaf raking and collection services 4)The business currently does not sell Christmas Trees, pumpkins, or poinsettias
Financing:
Real Estate can be leased from Present Owner
Support & Training:
The Experienced and Well-trained staff will continue to provide their excellent customer service for the new owner.
Reason for Selling:
Retirement of Present Ownership
Franchise:
This business is an established franchise
Business Website:
http://urbanearthmemphis.com
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Business Listed By:
Michael J Leggett

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