Onks Greenhouse and Garden Center

Business Opportunity for Sale
Catylist Listing ID: 30795500
Property Subtypes: Home and Garden
Building Size (RSF): 1,575 SF
Sale Price: $300,000
Name of Establishment: Onks Greenhouse and Garden Center
Business Website Address: www.onksgreenhouseatgray.com
Year Business Established: 1998
Gross Revenue: $140,000 (Annual)
Cash Flow: $28,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Sale Terms: Cash to Seller
Last Updated: 5/9/2022

Overview / Comments

Onks Greenhouse and Garden Center has been in operation for 24 years. There are 6 growing greenhouses and a garden center area. During the peak season, they employee up to 10 employees. The business has a great location approximately 1 mile from exit 13 of Interstate 26 in the fast-growing Gray, TN area. The participate in various Farmer Markets during the growing season.

Sale includes greenhouses, all operating equipment and vehicles.

Additional Details

Nearest MSA: Johnson City
County: Washington
Industry Segment: Nurseries and Garden Centers
Reason for Selling: Retirement
Value of Inventory Included ($): $10,000
Value of Furniture, Fixtures, and Equipment ($): $195,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: NNN $700/month This is an approx. 1.8-acre parcel with and office building. The property is a corner lot on a busy intersection. The landlord is agreeable to provide the new business owner this same rate until the end of 2023.
Employee/Labor Description: 2 full time employees (including owner/manager) and 5 part time employees.
Mgmt/Training Support Description: Business owner is willing to work as a consultant for up to one year to help make the business successful. Rate and details to be negotiated as part of sale. The owner will provide details of the past 3 years business and will provide business contact information.
Competition/Market Description: Onks Garden center is located in the heart of a rapidly growing residential area and there is not another Garden Center within the local community.
Growth/Expansion Opportunities: Located at a busy intersection in a fast-growing area. The average daily traffic count is over 12,000.
Seller Financing Description: N/A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,906 14,763 41,425
Median Age: 39.93 39.96 40.54
Households: 764 6,023 16,641

Contact

Photograph of Listing Agent

Eric Barnes

The Wilson Agency NETAR CMLS Member
Photograph of Listing Agent

Jacque Lowe

The Wilson Agency NETAR CMLS Member
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