Vermont Retail Garden Center & Nursery

VT

Vermont Retail Garden Center & Nursery
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Asking Price: Get Financing: $595,000

Cash Flow: $200,000

Gross Revenue: $950,000

EBITDA: $140,000

FF&E: N/A

Inventory: N/A

Lease Rate: $2,000 /Month

Established: 1991

Vermont Retail Garden Center & Nursery

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Business Description

Profitable Vermont Retail Garden & Nursery

This full service seasonal retail garden center has been providing exceptional products and services to central Vermont customers for over 25 years.

The business operates from April through October, with a staff of 10+/- full and part time employees. The business grows and sells annuals and vegetable plants and carries a large selection of perennials, trees, shrubs, vines, bulk mulch, soil, aggregates, garden supplies, equipment, and décor.

This long standing, extremely successful business generates an average of over $950,000 gross sales annually. The business earns an average of $140,000 in net revenue per year, with seller’s discretionary earnings of over $200,000. The business is poised to expand by adding to the current offerings, operating year-round with additional service offerings, and/or developing ancillary business lines to generate additional revenue. Current owner would like to focus more of their attention on other business ventures and is looking for a new owner to infuse energy into the business to bring it to the next level.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
10
Facilities:
The business operates on a highly visible 3+ acre parcel in central Vermont with great road frontage and exposure on a heavily travelled main thoroughfare. The average annual daily traffic count for the location is 8,700. The property includes: a retail building with an attached greenhouse, seven detached greenhouses, a pole barn, and a storage barn. The business sale will include a long-term lease for the land and buildings.
Competition:
The competition for this business is limited to a few smaller operations locally, with the closest being 3 miles away. The nearest large-scale operator or big box store is over 30 miles away. The business has successfully worked over their 25+ years to create a loyal following of customers that are willing to travel to their location for the superior quality, selection, and service.
Growth & Expansion:
The longevity and established reputation of this greenhouse & nursery business provides a great foundation to not only compete in the existing greenhouse and nursery market, but also offer the opportunity to expand offerings and services to capture additional revenue streams in ancillary businesses such as wholesale sales, floral, landscaping, lawn maintenance, snow removal, and more. There are also opportunities to expand and capture additional market share with increased marketing and advertising to the growing population in central Vermont. The business has primarily relied on reputation and word of mouth marketing, supplemented with general marketing and advertising efforts, and could benefit from additional advertising spending and more time effort on alternative marketing through social media and other channels.
Support & Training:
Seller will include transition assistance over the course of one full season, details and time to be negotiated.
Reason for Selling:
Owner to focus on other business ventures
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Contact the Seller

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Bryan Phelps

Business Listed By:
Bryan Phelps

Stonewell Properties, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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