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Retail Hydroponic And Organic Gardening Stores
Location Colorado,United States
Asking Price Range $500K - $1.0M
Gross Revenues $886206
Net Profit / Cash Flow $128296
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Negotiable as requiired by purchaser.
Reason for Sale The seller is looking to return to a previous passion of his.
Description Southern Colorado's finest "green" solution for everything needed for indoor and organic gardening. Products sold include lights, fans, timers, pumps, seeds, fertilizers, CO2 equipment, PH testers and adjustment products, organic pesticides, in addition to soils. All of the major brands are offered through their three store locations from suppliers locally as well as worldwide.
Established in 2008 after moving to the area to be nearer to his wife's family. The owners come from a family business which has been supplying organic gardening products for the last 30 years. The vast knowledge they brought with them allowed them to establish many contacts with suppliers/vendors in the industry that other hydroponic and organic retailers can't or have not been able to obtain.
They have now opened a fourth store and basically control the market in a large geographical area. While sales were down in 2011 over 2010, gross profits are now higher than they were in 2010. The overall industry has stabilized and it is believed that growth shall now increase as some of the customer emphasis has changed. A web-site with shopping cart and credit card processing capabilities is an area that could increase revenues through Internet sales as well.
Asking Price is only $329,000 plus the value of the inventory of $250,000 which can be adjusted to buyer's desire. Cash flow is $128,296.
Email or call Dave at 719-635-8133 for more information on this retail hydroponic and organic gardening store for sale.
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