30 Year Est. Nursery with 24% CAP RATE on I-30, Expansion Opt.

Mount Vernon, TX
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Asking Price:$650,000
Gross Revenue:$559,682
EBITDA:$155,033
Real Estate:$285,000
Cash Flow:$155,033
Inventory:$175,000
FF&E:$125,000
Established Year:1992
BUSINESS DESCRIPTION

Discover a unique business opportunity with Rooted: Lester's Plant Market, a well-
established nursery strategically located off Interstate 30 in Mt. Vernon, Texas. This
commercial property, spanning 1.83 acres, offers an excellent investment potential
with a 23.85% cap rate and a proven income stream with ample room for
expansion.

Situated in a booming area experiencing significant growth and new housing
developments, this nursery park is perfectly positioned to capitalize on the
increasing demand for landscaping and gardening supplies. The property's prime
location on I-30 ensures high visibility and easy access for customers traveling along
the interstate.

As part of this exceptional offer, the new owner will have the option to lease an
additional nursery location in nearby Winnsboro, Texas, for $1,500 per month with
profit margins that will stop you in your tracks. This expansion opportunity allows
for increased market presence and potential revenue growth.

The current operation of Rooted: Lester's Plant Market has built a strong reputation
in the community, providing a solid foundation for future success. With its
established customer base and room for expansion, this property presents an ideal
opportunity for entrepreneurs looking to enter the thriving nursery and
landscaping industry.

The projected growth in the Mt. Vernon area and the nursery’s close proximity to
other towns further enhance the appeal of this endeavor, drawing potential
customers from surrounding communities. The nursery’s proximity to these towns
creates additional foot traffic and exposure for the business.

Don't miss this chance to own a turnkey nursery operation with proven success and
room for growth. Schedule a viewing today to explore the full potential of this
commercial property and take the first step towards owning a thriving business in
the heart of Northeast Texas.


DETAILED INFORMATION
Location
Mount Vernon, TX
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,400
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1400 Square foot charming storefront with multiple greenhouses throughout the property as well as a wood burning outdoor fireplace and sitting area. Multiple areas for parking and two areas of road frontage, one being I-30 access road. With the sale of this business you will have the option to purchase a new skid steer and trailer for $125,000.
Competition
This nursery has been in business for over 30 years with a loyal customer base. People travel from miles around to purchase plants, sod, trees and stone.
Growth & Expansion
There is another location in Winnsboro that is available for lease for $1500 per month with the purchase of this business. That location is doing approximately $50,000 per month in sales on plants alone.
Support & Training
Owner is willing to assist in transitioning the business to the new buyer. Team is willing to stay on in their current positions with the exception of the owner.
Reason for Selling
Personal Reasons not related to the business itself.

BUSINESS LOCATION
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Jennifer
Hageman
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Jennifer Hageman