Large Independent Thriving Garden Center

Summary Information

Internal ID:
Price:

Industry:
Year Established:

Days and Hours of Operation:
Reason for Sale:
Listing Status:

GARDEN2

$2,550,000

Nursery and Garden Centers
2002

Seasonal
True Retirement
Work-up

Summary

Description:

This business was begun in 2002 and has grown in product as well as service offerings ever since. Today, the business offers visitors an almost park like shopping environment offering everything from trees and shrubs to bird baths. Customers love visiting and shopping in its comfortable and inviting environment.
The experienced staff is comprised of long-term full-time employees. Many part-time employees return year after year to work through the busy season. The company has weathered the financial downturn with increasing year over year sales and is ready for another energetic owner to continue steering the business along its profitable path. Plant leasing/management, landscape design/build and permanent botanicals as well as floral design make this business unique. Event space and garden bar are enjoyed by customers. Top 5 rated garden center by Southern Living Magazine.

Historical Summary:

Founder started with a leased greenhouse in the late nineties and relocated to the present location in 2002. ENLIGN sold this business to the current owner who is now ready to retire. Products and services have been continually expanded year over year.

Competition:

Of the 7 larger garden centers / nurseries in the area this business is located further from another competitor than any other. Since most businesses of this type generate the majority of their revenue from residences and businesses within a 10 mile radius this business is well located with a well-known brand and large client base.
The business ranks high in online organic search engine results for popular related keywords and phrases. The business has a pay per click (PPC) campaign that also is highly ranked.
The website is up to date, informational and easy to navigate.

Growth and Expansion:

Business is located in a thriving area of one of the Country's fastest growing metros.
Opportunity exists for expansion of the plant leasing business and sales of tropical plants. Addition of bulk mulch (to augment bagged product). Landscape design services could be expanded as well.

Location

Location:
Real-Estate:
Facilities Type:

Monthly Rent:
Building Square Feet:
Facilities Description:

Central NC
Owned for Lease
Stand Alone

$20,000
10000

The business is located on over 5 gently rolling acres on a moderate traffic thoroughfare. The almost 15,000 square feet of well-maintained buildings showcase an impressive retail showroom, greenhouse, storage and potting areas. The site affords ample parking and easy ingress and egress for customers and vendors.

Support and Training

Owner qualifications:

Buyer should have general business experience and familiarity with basic accounting, employee and vendor management and marketing experience.
A degree in horticulture or related studies a plus. Interest in softscapes, hardscapes and design strongly encouraged. Retail experience would be a bonus.

Support and Training:

Seller will provide 80 hours of transition assistance included in the purchase price

Support and Training Comments:

Seller will provide reasonable transition assistance at no additional cost. Part-time employment or ongoing consulting agreement may be possible.

Seller Financing

Seller Financing:

Yes, Seller will provide lender required financing no more than 10%

Seller Financing Comments:

Inventory value is the monthly average for 2021. The value of inventory above or below $434,583 as of the closing date will be added to or subtracted from the selling price. Financial information provided is for the 12 month period ending xx-xx-xxxx. Seller will provide financing consistent with SBA Guidelines which no longer requires seller financing.

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Internal ID: GARDEN2
Price: $2,550,000

Industry: Nursery and Garden Centers
Year Established: 2002

Days and Hours of Operation: Seasonal
Reason for Sale: True Retirement
Listing Status: Work-up

Summary

Description:

This business was begun in 2002 and has grown in product as well as service offerings ever since. Today, the business offers visitors an almost park like shopping environment offering everything from trees and shrubs to bird baths. Customers love visiting and shopping in its comfortable and inviting environment.
The experienced staff is comprised of long-term full-time employees. Many part-time employees return year after year to work through the busy season. The company has weathered the financial downturn with increasing year over year sales and is ready for another energetic owner to continue steering the business along its profitable path. Plant leasing/management, landscape design/build and permanent botanicals as well as floral design make this business unique. Event space and garden bar are enjoyed by customers. Top 5 rated garden center by Southern Living Magazine.


Historical Summary:

Founder started with a leased greenhouse in the late nineties and relocated to the present location in 2002. ENLIGN sold this business to the current owner who is now ready to retire. Products and services have been continually expanded year over year.

Competition:

Of the 7 larger garden centers / nurseries in the area this business is located further from another competitor than any other. Since most businesses of this type generate the majority of their revenue from residences and businesses within a 10 mile radius this business is well located with a well-known brand and large client base.
The business ranks high in online organic search engine results for popular related keywords and phrases. The business has a pay per click (PPC) campaign that also is highly ranked.
The website is up to date, informational and easy to navigate.


Growth and Expansion:

Business is located in a thriving area of one of the Country's fastest growing metros.
Opportunity exists for expansion of the plant leasing business and sales of tropical plants. Addition of bulk mulch (to augment bagged product). Landscape design services could be expanded as well.

Location

Location: Central NC
Real-Estate: Owned for Lease
Facilities Type: Stand Alone

Monthly Rent: $20,000
Building Square Feet: 10000
Facilities Description:

The business is located on over 5 gently rolling acres on a moderate traffic thoroughfare. The almost 15,000 square feet of well-maintained buildings showcase an impressive retail showroom, greenhouse, storage and potting areas. The site affords ample parking and easy ingress and egress for customers and vendors.

Support and Training

Owner qualifications:

Buyer should have general business experience and familiarity with basic accounting, employee and vendor management and marketing experience.
A degree in horticulture or related studies a plus. Interest in softscapes, hardscapes and design strongly encouraged. Retail experience would be a bonus.


Support and Training: Seller will provide 80 hours of transition assistance included in the purchase price
Support and Training Comments:

Seller will provide reasonable transition assistance at no additional cost. Part-time employment or ongoing consulting agreement may be possible.

Seller Financing

Seller Financing: Yes, Seller will provide lender required financing no more than 10%
Seller Financing Comments:

Inventory value is the monthly average for 2021. The value of inventory above or below $434,583 as of the closing date will be added to or subtracted from the selling price. Financial information provided is for the 12 month period ending xx-xx-xxxx. Seller will provide financing consistent with SBA Guidelines which no longer requires seller financing.

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607