Garden Center with Real Estate

Business Opportunity for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30422041
Property Subtypes: Home and Garden
Building Size (RSF): See Agent
Sale Price: $315,000
Year Business Established: 1960
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 11/14/2019

Overview / Comments

Established in 1960, and operating in current location since 1972. This 58-year-old business, has operated as a florist, garden center, and gift shop. When the owners were younger they sold Christmas trees at this location and did very well. The Company primarily sells plants purchased from local nurseries as their primary revenue driver, but has a substantial amount of collectibles and gifts in inventory. Owners (husband and wife) are over age 80, and are looking to sell to either retire or work part-time for new ownership.

$315,000 Asking Price for Real Estate
$ 45,000 Asking Price for Business

Owners preference is to sell business and real estate as a package deal, but are flexible if buyer intends to use the space for something other than its current use.

Additional Details

Nearest MSA: Mobile
County: Mobile
Industry Segment: Nurseries and Garden Centers
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Growth/Expansion Opportunities: (1) Perfect Corner Location for C-Store or Fast Food (2) Christmas Tree Sales (3) Establish an Online Presence (4) Rebrand Current Concept to appeal to masses such as Rustic Home Decor, Country Themed Retail & Garden Center

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,563 19,438 46,135
Median Age: 32.34 35.1 38.32
Households: 595 7,264 17,459

Contact

Photograph of Listing Agent

Bill Kleinschrodt

Cummings & Associates, Inc. Gulf Coast CMLS Member
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