Total of 18659 firms and businesses for sale today Saturday 4th May 2024
Sold. Freehold Wholesale & Retail Horticultural Nursery For Sale
LISTING DETAILS
Firms For Sale ID:
29110
Vendor reference:
AH130
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,600,000
Turnover / revenue:
£855,000
Net profit / cashflow:
Undisclosed
Years established:
50
Trading hours:
Retail Nursery – Open from Feb – October Hours 9am- 5pm Monday-Saturday 10am- 4pm Sunday Closed on Wednesdays from 1st August Wholesale Nursery - Opening Hours are: 7.30 am - 4.30 pm, Monday-Friday.
Number of employees:
12
OTHER DETAILS
Reason for selling:
Retirement
Support and training:
The vendor is happy to provide support and training to the new owner for a period of time to be negotiated prior to the sale.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Living accommodation:
the bungalow has 4 bedrooms, 2 bathrooms, utility, large kitchen/dinner, large lounge. The flat is a residential three bedroom upstairs flat in the building on the smaller site, it is rented out on a permanent basis (£550pm) to a residential tenant and the down stairs is used to house the business’ foreign workers.
BUSINESS DESCRIPTION
Freehold Wholesale & Retail Horticultural Nursery for Sale
Very well located in a stunning location less than 3 miles from the sea
The wholesale & retail nursery is for sale due to retirement
Ref.AH130
Location South West
Asking Price £ 1,600,000
This established horticultural nursery specialises in growing quality young plant shrubs, climbers, perennials and grasses on two sites, selling to wholesale nurseries, retail outlets and councils throughout the UK and Europe. Seeds and cuttings are propagated through to 9cm pots. The plants are grown for another 4 -18 months and are then sold to wholesale clients who grow them for another 5-52 weeks before being sold into the retail garden centre market, or direct planting. All growing is done under glass and plastic so it’s not weather dependent. The business has a bore hole so water supply is abundant. All growing tunnels and glasshouses have computer controlled water irrigation.
Clients are based all over the UK and Europe. Custom has been generated by word of mouth, reputation and from attending wholesale trade-shows each year.
This specialist nursery was founded in the early 60’s and is well established in the trade. The current owner is second generation and has grown the business to become a leading supplier to the market. Their unique selling proposition is their quality and extensive range of plants. They also contract grow orders for customers that require a special size plant or rooted cutting. The business is constantly approached by breeders offering new varieties of plants. The most interesting plants are taken on for trials, after, if successful, they are then offered for sale, in return the breeder receives a fee or royalty on the sale of each plant as agreed in the licence.
Market / Competition / Non-Competition Agreements
Most of the business's turnover is generated through the current client base and word of mouth recommendation. The company attends two trade shows per year and advertises via the companies websites.