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Wholesale Commercial Plant Nursery For Sale for sale in %

UNDISCLOSED (%)

Asking Price: Gross: Cash Flow:
Undisclosed $ 3,400,000 Undisclosed

Business Summary:
One of the largest, well known and respected wholesale plant nurseries in the Lower 48 States with a total of 60+ acres of land (prime real estate) and more than 1 million acres of greenhouse space. This business is known as one of the top 100 growers in the region.Revenue has averaged approximately $3 million since 2011 and is forecast at $3.4 million for CY2014. Earnings (EBITDA) ranged from 9.8 percent to 10.7 percent between 2011 and 2013 and is forecast at 13.3 percent ($450,000) for CY2014.A loyal base of customers includes some of the nation’s largest retail discount chains and big box stores, independent retailers, grocery, home improvement stores and hotels. A loyal staff includes 30+ skilled and trained non-union personnel, including experienced management. The owner is interested in retiring, but is willing to remain with the business for an agreed up transition period.

 

   
Year Business was Established: 1973
   
Number of Employees: 25+  
   
Competition: The current market environment is very good and continues to get better. Demand is up and is expected to remain high. Significant opportunity for growth including expansion of sales and products, expand and enhance web site, large branding and marketing opportunity, expand business to include food products such as vegetables and herbs, reduce heating and cooling costs significantly by using water pumped from nearby lake to create geothermal heating and cooling.  
   
Owner willing to train: The principal has expressed an interest in remaining with new management for a short period of time to facilitate a smooth transition period given an agreeable deal structure and compensation package.  
   
Reason for selling: Owner wants to retire.  
   
Seller Reference Number: WHP3008
BusinessMart.com Listing Number: 152836
 

 

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For more info contact:

Brantley Kemp

WhiteHorse Partners, LLC
615-371-1919

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