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Lifestyle Business - South Pacific Tropical Island
Location Vanuatu
Asking Price Range $500K - $1.0M
Gross Revenues $335000
Net Profit / Cash Flow $335000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 10 - 19
Inventory 175000
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training All staff, office and outdoor, are trained according to their job specifications.
Reason for Sale Health reasons.
Description Easily managed Retail Garden Centre and Nursery for sale in Vanuatu - a tropical island paradise and tax haven only 3 hours flying time from Sydney, Australia (less from Brisbane).
Vanuatu is a safe, politically stable country consisting of an archipelago of 83 islands. The native islanders are Melanesian who are very friendly and peaceful, family and community-minded. The main languages spoken are English, Bislama (much like pidgin English) and French.
The business consists of two main road locations on a total land area of 13,500m2. One location serves as the principal retail centre (Ground Force) while the other (known as Prima Gardens) is undergoing development as a propagation facility, plant storage facility and botanical showcase.
Owned by the current husband and wife proprietors since September, 2006 who are reluctantly selling for health reasons.
The majority of current staff having been employed in the business since 2006/7.
HUGE potential for business revenue expansion through the addition of other garden products, increasing plant rental sales and the continued development of the Prima Gardens property into a botanical showcase and ultimately - a favoured destination for local residents and tourists alike.
The present owners had plans to further develop Prima Gardens as a weddings venue and coffee house as there is a lot of demand for this type of attraction. One of the reasons for this is that Vanuatu is an ever-increasing popular destination for those people who desire to have a tropical island wedding or for them to renew their wedding vows. Visitor numbers to Vanuatu are increasing at an average rate of around 20% per annum and given the lack of existing ''safe'' tourist destinations, it is felt that this trend will continue as it has done for the past few years.
The discounted asking price is $US575,000 (approx. $AUD640,000) PLUS stock inventory of approx. $US175,000 (approx. $AUD195,000) and is priced to sell quickly
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