Atlantis Hydroponics and Garden Center

Description

This owner absentee hydroponics supply retail center has been in business for more than 21 years and is known for their quality service and diverse product offering. From fertilizers to container pots and greenhouses, this store offers everything an urban gardener could need. The owner has done very little marketing in recent years. With growing trends in the organic food movement, farm-to-table demand, and urban gardening trends an owner operator could really grow revenue here with community involvement initiatives and grass-root marketing campaigns alone. The owners are currently dedicating less than 5 hours per week to the business.

INVESTMENT HIGHLIGHTS:

  • Very knowledgeable staff that is expected to remain in place post-acquisition 
  • Room to add new lines, outdoor décor, plants, etc. 
  • Perfectly positioned to take advantage of the growing demand for organic, farm-to-table and the Do-It-Yourself gardening movement. 
  • The sellers are willing to offer seller financing to a qualified buyer with a down payment of $300,000.

Financial information

  • $595,000.00 Asking Price
  • $198,188.00 – TTM through October, 2022 Cash Flow
  • $985,937.00 – TTM through October, 2022 Gross Revenue
  • $12,000.00 FF & E
  • $200,000.00 Inventory
  • No Financing

Reason for sale

Sellers have relocated out of the area with family, making the commute difficult.

Facilities

5,400 Sq. Ft. of brick and mortar retail space.

Detailed information

  • Home Based:

    No
  • Franchise:

    No
  • Distressed:

    No
  • Relocatable:

    No
  • Year Established:

    2001
  • Year Acquired:

    2019
  • Willing To Train:

    Seller is willing to train new owner for a smooth transition.
  • Real State Available:

    No
  • Is Property Leased:

    Yes
  • Real Estate Included:

    No
  • Is Management Staying:

    Yes
  • Days Open:

    Mon - Sun
  • Hours Open:

    10am to varies
  • Full Time Employees:

    2
  • Part Time Employees:

    2
  • Building Size:

    5400 Sq. Ft.
  • Listing Id:

    SA1610-2022

Contact Us

Business location

Atlanta, Georgia

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