Successful, Well-established Greenhouse Operation

Undisclosed Address, Sparta, MI 49345
Retail-Commercial for Sale
Catylist Listing ID: 30748762
Property Subtypes: Garden Center
Building Size (RSF): 5,836 SF
Gross Building Area: See Agent
Sale Price: $575,000
Unit Price: $98.53 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2021

Overview / Comments

Successful, well-established grower/retail floral and greenhouse operation demonstrating consistent profits year after year. 5836 sq. ft. retail building houses successful Teleflora business and floral shop. More than 32,000 sq. ft. of greenhouses for growing seed to finished plants & flowers to a number of retail customers throughout Mid-Michigan. This business is the area's go to Garden Center. Financial information available upon execution of NDA and seller approval.

# Full Time Employees: 4; # Part Time Employees: 4; Bus. Only Value ($): 225,000; Business Name: Confidential; Gross Sales 1 Year ($): 620,000; Gross Sales 3 Year ($): 1,720,000; Real Estate Value ($): 350,000

Additional Details

Tax ID/APN: 41-05-15-428-007
Zoning: VGC
Tenancy: Single Tenant
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