Business Overview

Excellent Opportunity to own this beautiful former wholesale tree nursery in Hanover County, Virginia. Purchase includes 22.78 acres, mainly cleared land with a 4-bedroom farmhouse, several service buildings, two ponds, and a gravel road throughout the property. Other assets include 18 small and 12 large cold frames, a larger M-house, and a propagation house frame. It has everything you need to start a wholesale ground cover/plant farm or a retail nursery. The home is currently being occupied in exchange for labor.
Grounds keeper and his family is currently living in the house in exchange for his labor.
For over 30-years, the business was operated as a wholesale nursery for Japanese Maple Trees. The land is fettle with plenty of water and acreage to grow a wide verity of plants.
There are several wholesale growers in the area/region but the demand for local grown items is strong due to explosive home building.

Financial

  • Asking Price: $495,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1988

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

retiring

Additional Info

The business was founded in 1988, making the business 34 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell operating businesses. Nonetheless, the true reason vs the one they say to you may be 2 absolutely different things. For instance, they might state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors stand. However, for some, these might just be reasons to try to hide the reality of transforming demographics, increased competition, current decrease in incomes, or a variety of other reasons. This is why it is really vital that you not depend absolutely on a seller's word, but rather, use the vendor's solution together with your total due diligence. This will repaint a much more practical picture of the business's present situation.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies take out loans in order to cover things like supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that revenue margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that need to be met or may result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area attract new consumers? Often times, operating businesses have repeat clients, which create the core of their daily earnings. Specific aspects such as brand-new competitors growing up around the location, roadway construction, as well as employee turnover can impact repeat consumers as well as negatively influence future earnings. One essential thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business often, the higher the possibility to construct a returning client base. A last idea is the general location demographics. Is the business located in a largely populated city, or is it located on the edge of town? Just how might the regional average house income influence future income prospects?