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 asset sale of 100 acres of real estate, Houses and office infrastructure, equipment and buildings. The inventory will be negotiated at time of closing. Things are in place, but it's a business already developed and operating for the right person to scale up. There is an experienced team on site that operates the enterprise, the ability to step in with management oversight as a new owner learns the production cycle of the company, the state of the industry and customer mix is the path to success.
For the right person this deal can be done. The seller is motivated and flexible. Owner can hold the land. If this fits you and you are willing to put your hand to the plow, he can make it happen.

This is not an absentee investment. It is a company that needs hands on direction and involvement. There is money available to pay an appropriate salary from operations. This is a great opportunity to build on a successful platform that has been operating effectively for over 30 years.