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