Outstanding Retail Location

Hillsborough County, NH

Seller Financing Available

Asking Price:$595,000
Gross Revenue:$2,050,000
EBITDA:$250,000
Real Estate:$1,750,000
Cash Flow:$250,000
Inventory:$200,000
FF&E:$150,000
Established Year:1992
BUSINESS DESCRIPTION

Home and Garden Center - Please schedule a confidential visit

Opportunity awaits at this garden retailer located in an affluent community on a busy state road. For over 30 years, the business has thrived by providing quality products and friendly knowledgeable service to the residents of Southern New Hampshire.
Product lines include year-round live plants, yard and garden supplies, pet food, bird seed, outdoor furniture, as well as outdoor and indoor accent pieces. The business also offers seasonal giftware and novelty products that completes the assortment. The business operates year-round with an experienced staff providing top-notch customer service and knowledge of local growing conditions.
Current ownership has made a sizable investment in company branding and creating an online presence. A recently implemented POS system has shown increases in productivity while producing updated financial reports. The new system tracks customer purchases and maintains an accurate level of inventory and controls.
Advertising is a blend of online, email, regional direct mail, and radio consistent advertisement has worked to enhance their brand recognition of local product sales and services.
An opportunity exists to add landscape or other garden related services to the current customer base. The business would be a great fit for a couple or family looking to transition to a business with connections to the green industry and the local community.


ATTACHED DOCUMENTS
331 Route 101 Site.pdf.pdf Download

DETAILED INFORMATION
Location
Hillsborough County, NH
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
12,822
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Site Description The lighted paved area is over 10,000 square feet with parking for 36 vehicles. Additional paving areas accommodate material handling, traffic. The business currently utilizes about one third of the 7.42 acres. The remainder is open for further development or subdivision. The land is zoned Commercial (CO) within 400 feet of Route 101. This zone is intended to provide areas for retail, office, medical office, personal service establishments and related commercial uses primarily serving local needs.
Competition
The business competes successfully with both independents and national chains. They are the dominant independent garden retailer in the area, with most competition simply stocking live goods a few months of the year. Home Depot and Lowes have both been in the area for years. In many categories, They carry higher end line of merchandise than the big box stores, catering to their upscale customer base.
Financing
Financing available to qualified buyer
Support & Training
Available for negotiation.
Reason for Selling
Retirement
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David Morin
David Morin