Nursery on the Eastern Shore of Virginia
Company sells Nursery Stock to the Wholesale Trade (mostly garden centers). Its largest Customers are on Long Island and in Pennsylvania. Maryland, Virginia, Pennsylvania, New Jersey and New York are core markets. Been in business for 30 years. Average sales are 2.5 Million last ten years to 140 different wholesale Customers. Little customer concentration at the top, highly fragmented and producing consistent revenue year over year. The company has a strong customer following with little customer churn and a has an exceptional reputation for producing the highest quality plants in the industry. Adjusted EBITDA Peak at $397,000 last 3 Years, Beautifully laid out and landscaped like an arboretum. A sight to behold. Nursery Location is the Eastern Shore of Virginia a few miles from the Ocean. Near scenic Atlantic Ocean beaches and a great quality of life. Owner needs to retire from this. Surplus production capacity means sales could double with little capital expense. This is an ass...