Listing ID: SA1610-2022
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
Facilities
5,400 Sq. Ft. of brick and mortar retail space.
Detailed information
Home Based:
NoFranchise:
NoDistressed:
NoRelocatable:
NoYear Established:
2001Year Acquired:
2019Willing To Train:
Seller is willing to train new owner for a smooth transition.Real Estate Available:
NoIs Property Leased:
YesReal Estate Included:
NoIs Management Staying:
YesDays Open:
Mon - SunHours Open:
10am to variesFull Time Employees:
2Part Time Employees:
2Building Size:
5400 Sq. Ft.Listing Id:
SA1610-2022
Contact Us
Business location
Atlanta, Georgia