Greenhouse - Midwest Region

Seller Financing Available

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Asking Price:$2,950,000
Gross Revenue:$2,100,000
FF&E:$2,254,810
Established Year:1958
Cash Flow:$125,000
Inventory:$1,000,000
Real Estate:$2,600,000
BUSINESS DESCRIPTION

Wholesale Greenhouse business centrally located in close proximity to major markets in the Midwest is offered for $2.95M along with 24.6 acres (listed through licensed real estate broker). Revenue has ranged from $1.9M to $2.2M annually over the last few years.

This Wholesale Greenhouse business has operated for decades and specializes in high-quality, hard-to-grow items. The enterprise ships millions of perennials, herbs, grasses and wildflowers to garden centers, landscapers, mail-order firms, botanic gardens, parks and zoos throughout the U.S. and Canada.

This $2.95M listing includes quality machinery and equipment. The real estate includes a climate-controlled propagation facility constructed for approximately $1M. Sizeable workforce (30+) possesses quality skills/experience and outstanding work ethic. The owners are ready to retire and turn this award-winning enterprise over to a buyer ready to take it to a higher level. They are willing to stay on as long as the buyer wishes to facilitate a smooth transition.

Contact Tom Freimuth, Business Broker, Results Business Advisors, tom.freimuth@resultsba.com, 402-212-6979, for complete details or to arrange a private tour with the seller.


DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
274,051
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Office, shop, shipping and storage facilities total 17,760 square feet. Steel-framed-poly and rigid-covered Greenhouses total 256,291 square feet. The land covering 24.6 acres includes a climate-controlled propagation facility constructed at a cost of $1M.
Competition
No comparable wholesale greenhouse with similar product selection within a large area.
Growth & Expansion
Expand wholesale network and add focus to online sales of unique selection of high-quality, hard-to-grow items. The business recently acquired a hemp license, enabling the enterprise to sell starter hemp plants (clones) to operations in this emerging industry.
Financing
Seller financing available for the right buyer.
Support & Training
Full support and training will be provided.
Reason for Selling
Retirement
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Tom
Freimuth
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Tom Freimuth