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Sixty - Five Acre Wholesale Palm Tree Nursery
Location: United States -> Florida -> Loxahatchee
Industry: Agriculture > Farms

Business Summary

Wholesale Palm Tree nursery with 65 acres of 20+ different varieties of palms. The inventory includes approximately 26,000 palm trees in 1gal - 45gal pots with an estimated wholesale value of $1.3M and approximately 15,000 field grown palm trees ranging from 5ft to over 30ft+ with an estimated wholesale value of $2.4M. The owner states annual sales of around $1M/year with a NET of $350k, but this opportunity has been priced/discounted as an ''asset sale'' only for the value of the real estate ($3.2M), inventory ($3.8M) and assets ($345k). Books & Records have a large element of cash in and out, hence the opportunity discounted as an asset sale. The business is viable with long term loyal customers including numerous large-scale landscape contractors. The real estate includes two 4bed/2bath homes. The 65 plus acres are divided into parcels in Loxahatchee and Belle Glade area. Please ask for Moe Gonzalez when inquiring about this listing.

ASSETS/FF&E: $ 345,100
REAL ESTATE: $3,200,000 (Included)
INVENTORY: $3,800,000 (Included)
ASKING PRICE: $5,500,000

*Use Reference ID: NSPB-BGT2


Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $4,145,100
Seller Financing:  Not Disclosed

About The Business

Year Established:  2012
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Seller wants to focus on other business

Print Listing Id: 700376125
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