Priapi Gardens

Cecilton, MD (Cecil County)

Priapi Gardens
Contact Seller

Asking Price: $1,750,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Priapi Gardens

Save Print Share Valuation Report

Business Description

Great Opportunity

In December of 2002, Sunrise Growers, LLC (Owned by Vic and Mary Priapi) purchased the 10.75 acre property that is now Priapi Gardens. It is located on the east side of MD Route 213 (a designated National Scenic Byway), ¼ mile north of the 213 light in Cecilton. The property (and associated business) is located between the scenic Bohemia and Sassafras rivers.

Cecil County required that a site plan be submitted prior to any construction on the property. Using a private engineering company (Ryan Engineering) a site plan was submitted to the county and approved. In the Spring of 2004 Pleasanton Excavating was contracted to construct the county required entrance, stormwater management pond and driveway/parking areas. 20 of the acreage was to be afforested with a woody plant buffer. Construction required a large investment to satisfy the County requirements. The plan called for the construction of a curbed and guttered
entrance with 180' of acceleration/deceleration lane '16' wide) on either side of the entrance. A storm water management pond was to be constructed in the lowest area of the property at the north east corner with a secondary one planned for the southeastern end of the property 'though never installed) Approved for the site were (21) 30'x148' greenhouses (totaling 93,240 sq. ft.) and '3) large buildings (totaling 6660 sq ft.) for the business’s daily operations.

In 2007 the property was annexed into the Town of Cecilton with zoning being HC
(Highway Commercial} . This is highly desirable commercial zoning with development potential . Town water and sewer are available though not utilized at present. The approved site plan is transferable to a new owner. There is roughly 82,000 sq. ft. of new impervious construction possible utilizing present stormwater pond and constructing a second one. About 3 acres of the site are certified organic (with Maryland Department of Agriculture).

Business model:

The company's business model is retail sales of premium woody , annual , perennial , and tropical plants which represent about half of the annual sales . Sales of USDA Organic vegetables account for the other half . Sales are through an onsite farm stand , CSA, and area Farmers ' Markets. Wholesale woody plant liners are also propagated and sold to other nursery growers. A customer base of >2000 is established at the site with many more finding our product s at local area Farmers' Markets

Attached Documents


Detailed Information

Location:
Cecilton, MD
Contact Seller

Business Location


Contact the Seller

(from currently available funds)
 
Contact Seller Loading

David Kaufmann

Business Listed By:
David Kaufmann

Exit on the Bay

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1676831 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Pet Supplies Plus

Franchise Opportunity
Cash Required: $150,000