Landscape Nursery with Construction

Kailua Kona, HI (Hawaii County)

LARGE QUANTITIES AVAILABLE FOR HIGH DEMAND PLANTS
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Asking Price: $2,500,000

Cash Flow: N/A

Gross Revenue: $500,000

EBITDA: $145,000

FF&E: $825,000

Inventory: $1,000,000

Rent: $2,750 /Month

Established: 1980

Landscape Nursery with Construction

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Business Description

Exotic Landscape Plant Nursery for Sale in Kona, Hawaii

Great opportunity to own a well-established, high density, 5 acre Wholesale and Retail Plant Nursery located on the Gold Coast of Kailua-Kona on the Big Island of Hawaii. This landscape nursery is conveniently located 5 minutes from the Kona airport attracting top sought-after architects and developers, landscape contractors, the huge landscape maintenance industry and construction businesses from the Hawaiian Islands and abroad.
The Kukio, Hualalai, Mauna Lani, Mauna Kea and Kohala developments are all in close proximity to this nursery. It is ideally located to serve the many growing developments in the area. This nursery is able to work with developers and local landscape contractors to “Contract-Grow” plant materials in advance for their landscape jobs.
This nursery provides the industry with mature trees, tropical shrubs and healthy groundcovers and has the reputation of providing quality plants in a timely manner. This is a rare opportunity for the discriminating businessperson seeking a secure investment along a beautiful coast with many active developments.
The current owner, Greg Boyer of www.gboyerlandcorp.com is a world renown licensed Landscape Architect, Landscape Contractor and nurseryman with over 45 years of experience. He has designed landscapes for hotels, shopping centers, hospitals, condominiums and other high rises. His specialty is custom residential estates throughout the islands concentrating these days on Kauai and the Big Island of Hawaii. Mr. Boyer, with his knowledge of the local industry, will continue to design for the new owner and nurture their relations with the local industry. This will provide the new owner with a plethora of opportunities that can be cultivated for decades to come.
As a bonus, this business is a fully operational landscape construction company with over 45 years of experience. The high-end residential landscape construction market is served diligently by their knowledgeable staff. Their expertise includes, but is not limited to residential, commercial and institutional garden installations, irrigation systems, low voltage night lighting systems, small ponds and other water features. All of the heavy equipment used to install their landscape jobs and all left over construction materials is included in the purchase price.
The Main Office is a custom designed cottage built in Bali using Indonesian hardwoods, shipped to Hawaii in pieces then re-assembled. It has a private outdoor shower, master bedroom, living-dining area, kitchen, and design office. There is a patio with trellis, providing shade for outdoor entertaining and parking.
The Landscape Foreman of 15 yrs lives on property in a second dwelling at entry gates. He provides 24-7 security. The foreman is actively involved in problem solving at all levels within the daily operation. His wife is the Nursery Mgr for 10 yrs, responsible for propagating, re-potting, spraying, fertilizing, and retailing the tropical inventory. The foreman will continue running the landscape construction division and his wife will continue as Nursery Manager, handling sales to garden centers and landscape contractors in the area.
The 5 acre nursery lease located in the State of Hawaii, Keahole Ag Park is also part of the purchase. The lease of 18 remaining years is currently held by Greg Boyer-Hawaiian Landscapes, Inc. and will be up for renewal when the Master Ag lease with the State is renewed. Qualifying as the new leaseholders will require a lengthy application process between the State of Hawaii and the new buyer. Seller will assist in this process and details on how to transfer this lease will be discussed with serious buyers only.
In summary, the business is a fantastic venue to own a profitable business in Hawaii while enjoying the Pacific breeze. At this asking price, it won’t be on the market for long, so you should seize this invaluable opportunity quickly. Winter is coming.

Detailed Information

Location:
Kailua Kona, HI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,940
Lease Expiration:
9/30/2037
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
An active 5 acre landscape nursery w/logical roads and automatic sprinkler system (including drip and overhead spray). Land is a State Ag lease with 17 yrs remaining. As owner, I have a 682sf custom Bali cottage-ofc w/480sf carport. Foreman & Nursery Mgr. wife have 1860sf house w/1100sf carport and 485sf patio. Additional 825sf structure w/480sf carport is ready for staff or rental. Also 575sf cottage for dry storage or 2nd rental (add elec+drywall). 1150sf shade house, 3 Skid-steer loaders, 2016 Kubota mini ex, 2 pickup trucks, Ford flatbed, 2 trailers.
Competition:
I design High-End Residential landscapes, primarily on the Big Island. On Kauai, I am in demand to create large "Gentleman Estates". I live on Oahu and have a long time following for over 40 years. This gives me an advantage over the younger competitors. As the top 3 designers and installers on the Big Island, we command the best properties. Growing our own plants gives us a pricing, quality, and efficiency advantage over other installers. As a Design-Build firm, with a solid nursery, we are in a good position to negotiate directly with the homeowners.
Growth & Expansion:
There is room for growth, especially along the Gold Coast of Kona. By designing with local architects we are the first to know when the economy starts up and we are the last to complete projects as it begins to slow down. We use our slow time to improve our nursery and upgrade plants. When new home construction is slow, we are able to do landscape remodel work or have repeat business with clients that want to refresh their landscapes. For a steady income stream, there is room for expansion into maintenance for the new owner.
Support & Training:
Gold Coast developments (Hualalai, Kukio, KD, Mauna Lani, Mauna Kea, Kohanaiki, Hokulia and Kohala Ranch) require approved landscape plans before homeowners can build. I happen to be one of the top landscape architects in Hawaii and will continue to feed potential construction work to the new owner. Our Landscape Foreman and Nursery Mgr will both remain on staff.
Reason for Selling:
At 73 years old I would like to concentrate on landscape design
Franchise:
This business is an established franchise
Business Website:
http://www.hawaiianlandscapes.com
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Business Listed By:
Greg Boyer

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