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Garden Center w/$2.24 Million Sales

Hartford County, Connecticut (Hartford County)

Retail - Blding Mat., Hardware, Garden | Retail - Florists

Asking Price $1,050,000 Inventory $400,000 approximate** 
Gross Income $2,244,000 Real Estate $900,000* 
Cash Flow $293,900 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Very attractive, well maintained facility, absentee run business. Seasonal garden center (trees, shrubs, etc.), with gift shops, large indoor seasonal displays, grills, birdhouses, gift items, etc. Sale includes: Goodwill, signs, limited non-compete agreement (will continue to own, and operate another location), furniture, fixtures & equipment, excludes trade name (will allow use of trade name for a transition period), website, and receivables. Value of the inventory @ wholesale cost estimated to be on average $400,000, but can vary significantly depending on the time of year.

Facilities: Approximately 4.7+ acres, with multiple buildings, and parking area. Retail display areas, as well as, indoor greenhouse. Indoor greenhouse display, showcasing plants, flowers etc. Large fenced in outdoor area, for seasonal displays of shrubs and plants. Rental income from two additional buildings, operations are unrelated to the owner's of the garden shop, contributing monthly rental of $3,075.00 per month, annually, $36,900.00.

Competition: Normal competition. Some big box stores in the surrounding areas, but normally the product and level of service of the big box store is inferior.

Growth/Expansion: Growth through more aggressive hands-on owner operator. Also The broker believes the bottom line can be improved, particualiy through labor dollar savings, via the efforts/control/observation of a hands on owner/operator.

Financing: Some - negotiable

Support/Training: Owner will advise.

Reason Selling: Health reasons

Business listed by

Bill Ostrander

860-529-8181


Larson Associates


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