Listing Number: 9525-136479
Description
This productive, family owned, wholesale nursery business has been in continuous operation since 1979. They specialized in Azaleas and other varieties of decorative plants and ground covers which are sold to commercial/residential customers through landscaping and retail garden centers throughout the region.
The sale includes approximately 76 acres of beautiful property, with two deep wells feeding a large lagoon. . The lagoon provides a steady, dependable water supply with a sophisticated pumping station, with redundant pump systems, sending water through miles of underground irrigation piping to each growing house. The office area has several large offices for administration personnel and a lunch area with a full kitchen, for employees. The office building has an attached large equipment maintenance barn which is fully equipped to repair all of the machinery and buildings owned by the business. There is also a wide array of outbuildings including; a potting factory with conveyor system and soil mixing/filling equipment, as well as a variety of other storage sheds. The sale comes with several vehicles which includes a large wholesale delivery truck. All the building, lands and equipment are in excellent condition.
Due to a death in the family and other health factors, the business has experienced declining sales over the last few years. However, there is full list of current and past customers waiting on new product suggestions. The Seller is botanist who lives nearby and is available for continued support after the sale. Administration and certain key employees are in place and seasonal labor is available.
A signed NDA is required to receive additional information. Ask Broker for Drone footage of the entire property.
Listing Details
- Price: $ 1,594,000
- Down Payment: $1,594,000
- Sellers Discretionary Earnings: $ 50,672
- Total Sales: $ 210,098
- Location: Virginia
- Inventory: $ 0
- FF&E: $ 200,000
- Employees:
- Year Established: 1979
- Reason for Selling: Retiring
- Category: Agricultural
