Description High Volume Garden Center and Property in an affluent South Shore town. They operate for 9 months each year. The current owner has been here for 14 years and although there are competitors in the area, this is the largest and best known center. In fact, sales are up 10% in 2013. They offer a very wide selection of Nursery and Garden items, many of which cannot be found anywhere else on Long Island. The business is almost entirely retail.
Wholesale business is negligible. In 2012 gross Sales were approx. $1,400,000.00 with a Net Income of approx. $171,599.00. In season inventory is approx. $350K. The owner will offer a 10 yr. lease with an option to buy the property. There are 2 lots. One .87 acre lot and a second .26 acre lot. The property is available for $450k through PMTG Realty. Rent would start at $3,900/mth. for use of 2 lots and a 5,000 sq. ft. building (retail and residential zoning). The sale also includes 3 forklifts and 2 trucks. The business and property together are selling for $970K.
We are looking for a serious and financially qualified buyer with some knowledge of the industry. The seller will offer a thorough training program and guide you in buying inventory for next season. Buyers will be required to provide proof of funds for at least $400k to cover the down payment, working capital, etc. If you fit the criteria, please call or email Mel Vaz today at 1-877-735-5224.