Hydroponics and Horticultural Supply Store with Real Estate - INIX Consulting & Brokerage LLC

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LISTINGS
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Listing Title: Hydroponics and Horticultural Supply Store with Real Estate

Price: $2,000,000

Location: Southeast Michigan

Listing ID: MI032522

Listing Status: Available

Description

Since 2009, this gardening and hydroponics supply store prides itself with a stellar reputation for supplying top of the line equipment, information, and supplies in the horticultural market. With an extremely knowledgeable staff and premium selection of in stock nutrients, equipment, and supplies, this locally owned and operated store is your one stop shop to assist you in order to become a successful gardener and horticulturalist.
This business has been started by the current owner over 13 years ago, and has grown in a booming market exponentially since. Due to family obligations and time constraints, the current owner has decided to open up to the opportunity for a third-party sale.
The horticultural market is expected to grow at a compound annual growth rate of 9.6% from a total market of USD 25.83 billion in 2022 to USD 43.85 billion in 2029
This opportunity would be perfect for an energetic, driven individual investor or another company looking to gain the market share in this segment.

LISTING DETAILS

Total Sales: $3,658,219

Cash Flow: $205,795

FFE: $60,000

Inventory: $400,000

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LISTING BROKER

Paul Trochakerian

Phone: (248) 727-2789, ext. 701

Email: ptrochakerian@inixbiz.com

Paul Trochakerian

Phone: (248) 727-2789, ext. 701

Email: ptrochakerian@inixbiz.com

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