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Wholesale Farm & Nursery
Location: United States -> Maine -> Augusta
Industry: Retail > Home and Garden Retail




Business Summary

All inclusive with property! Located near Augusta, Maine, this multi-generational family run producer, retailer, and wholesaler offers locally grown farm fresh seasonal produce and landscaping materials serving individuals, commercial, and municipal customers. The company's primary products, include fruits, vegetables, flowers, trees, shrubs, gardening and landscaping materials.

The company operates from a 120-acre property with work facilities totaling 16,105 square feet, which includes a retail store and seven greenhouses. Marketing efforts focus on targeting southern and south central Maine with large populations in either direction. Revenues have been steadily increasing over the past four years averaging 9% annually.

This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. The new owner would do well into increase direct marketing efforts or increase berry plants and fruit trees for picking. Currently, 50% of revenue derives from the sale of products to farmers, landscapers, commercial and municipal entities, while the other half stems from individuals including local residents and tourists.

With management already in place, this company could be operated in a hands-on or absentee fashion, giving the owner as much control of business activities as desired. Financing may be negotiable, contact IAG for more details including location specifics.

Asking $2,300,000.00. The 120-acre property has five greenhouses totaling 13,105 square feet of production space. There is also a retail store with two attached greenhouses totaling 3,000 square feet and a 500 square foot office. The property includes a residence on the outskirts, currently leased out. In addition the 3 bed, 3 bath home with attached garage, pool and 1b/1b guest quarters will be available for the new owner. An added bonus, the ridge on the property is perfect for lakeside camping.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $364,000
Cash Flow:   $116,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $400,000
Seller Financing:  No

About The Business

Year Established:  1956
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason For Selling:  Other interests

Photos

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Wholesale Farm & Nursery Photo 1




Print Listing Id: 700271867
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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 > Maine Businesses For Sale > Maine Franchises For Sale > Maine Business Brokers



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