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Lifestyle Business - South Pacific Tropical Island
Location: Vanuatu -> Port Vila
Industry: Retail > Home and Garden Retail




Business Summary

Easily managed Retail Garden Centre and Nursery for sale in Vanuatu - a tropical island paradise and tax haven only 3 hours flying time from Sydney, Australia (less from Brisbane).

Vanuatu is a safe, politically stable country consisting of an archipelago of 83 islands. The native islanders are Melanesian who are very friendly and peaceful, family and community-minded. The main languages spoken are English, Bislama (much like pidgin English) and French.

The business consists of two main road locations on a total land area of 13,500m2. One location serves as the principal retail centre (Ground Force) while the other (known as Prima Gardens) is undergoing development as a propagation facility, plant storage facility and botanical showcase.

Owned by the current husband and wife proprietors since September, 2006 who are reluctantly selling for health reasons.

The majority of current staff having been employed in the business since 2006/7.

HUGE potential for business revenue expansion through the addition of other garden products, increasing plant rental sales and the continued development of the Prima Gardens property into a botanical showcase and ultimately - a favoured destination for local residents and tourists alike.

The present owners had plans to further develop Prima Gardens as a weddings venue and coffee house as there is a lot of demand for this type of attraction. One of the reasons for this is that Vanuatu is an ever-increasing popular destination for those people who desire to have a tropical island wedding or for them to renew their wedding vows. Visitor numbers to Vanuatu are increasing at an average rate of around 20% per annum and given the lack of existing ''safe'' tourist destinations, it is felt that this trend will continue as it has done for the past few years.

The discounted asking price is $US575,000 (approx. $AUD640,000) PLUS stock inventory of approx. $US175,000 (approx. $AUD195,000) and is priced to sell quickly


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $335,000
Cash Flow:   $335,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $175,000
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  All staff, office and outdoor, are trained according to their job specifications.
Reason For Selling:  Health reasons.

Photos

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Lifestyle Business - South Pacific Tropical Island Photo 1 Lifestyle Business - South Pacific Tropical Island Photo 2




Print Listing Id: 700119755
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Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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