Vertical Gardens and Hydroponic Supplies
About this business for saleVertical Gardens and Hydroponic Supplies
This niche business is well known for its good range of high quality products and convenient location. It supplies consumable plant growing products to the horticulture industry including farmers, small growers and retail customers.Customers have to come into store to pickup bulky goods but there is an opportunity to leverage the large product range of smaller products to build online sales.
The business can be run by one person and is currently open 5 and a half days per week. Remote Security monitoring and point of sale systems are in place meaning that the business could easily be run by staff in the owners absence.mean that the business could easily be run by staff in the owners absence.
* $140k + Net to Owner
* Sales are growing year on year
* Large warehouse with affordable rent
* $70k Machinery, racking and equipment
Turnover has been steadily increasing and profitability has been proven over a number of years. Valuable Plant and Equipment is included in the sale unencumbered and stock is in excellent condition with a number of product displays and demonstrations. A lease is in place for the factory warehouse with reasonable rent and terms.
There is real opportunity to grow this business with minimal additional investment required. Marketing to date is left to word of mouth but an online store and advertising is clearly needed. An increased product range and online marketing would also help increase sales.
Asking Price: $240,000 plus Stock
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For full details contact Troy Potter
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.