Well-Known Garden Center with Real Estate for Sale in Southern NH

Undisclosed Address, Manchester, NH 03102
Business Opportunity for Sale
Catylist Listing ID: 30856630
Property Subtypes: Home and Garden
Building Size (RSF): 8,000 SF
Sale Price: $700,000
Gross Revenue: $1,150,000 (Annual)
Cash Flow: $378,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Business price includes all furniture, fixtures and equipment estimated at $145,000. Excludes inventory, cash, receivables and payables.
Last Updated: 5/24/2024

Overview / Comments

Do you have a passion for gardening and landscape design? For over 20 years, this Garden Center has been providing high quality products and services to customers throughout New Hampshire. It has a strong visible location, close to the major highways, on nearly 7 +/- acres with plenty of parking.  The facility has approximately 8,000 +/- SF of interior space to display an array of plants, flowers, and gifts.  The grounds are meticulously maintained, and significant improvements have been made to the property over the past few years.

This would be an ideal acquisition for another Garden Center seeking to expand or a landscaper looking to significantly increase business while reducing costs on product.

Due to confidentiality, the Map below does not depict the exact location of the business.  Please complete the NDA to receive the confidential information and related financials.

Additional Details

Industry Segment: Nurseries and Garden Centers
Reason for Selling: Divestiture
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $145,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $900,000
Real Estate Lease Description: A very well maintained 8,000 +/- SF building with everything a traditional Garden Center would need to operate an efficient business.  The location is easily accessible, on nearly 7 +/- acres with a large, paved parking area and outdoor shaded structure for plants.  Asking price for the real estate is $900,000.
Employee/Labor Description: Experienced staff
Mgmt/Training Support Description: Seller is willing to stay on to assist in support and training for a limited time.
Competition/Market Description: Very few Garden Centers of similar quality are in the area.
Growth/Expansion Opportunities: Gardening continues to be the number one leisure activity in the country.  This business has a large and unique selection of plants, flowers, and gifts. It's a great opportunity for a similar company to expand to this market or a landscaper or landscape design firm to purchase and quickly grow their business.  Customers are frequently looking for assistance with design and installation and the owners do not currently offer these services.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,600 93,498 139,723
Median Age: 36.07 36.23 37.62
Households: 4,198 38,179 55,964
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