Garden Center on over 12 Acres, Ideal Target for Potential Development
| Asking Price: | $2,100,000 |
| Gross Revenue: | $920,000 |
| FF&E: | $148,000 |
| Cash Flow: | $242,400 |
| EBITDA: | $24,200 |
| Established Year: | 1991 |
Great Real Estate Development Opportunity - Close to 95 Thruway and on High Traf
Garden Center with prime real estate development potential based on zoning and approval. Green Mountain Transplants, Inc. has been operating in Arundel / Kennebunkport area since 2003. Green Mountain cultivates healthy plants and an informed gardening community, sharing the benefits of the bond between people and plants. The shop, staff, and the products and plants offered provide a unique serene shopping experience for customers.
The store and greenhouses are located on a high traffic area of Route 111 (Alfred Road) in Arundel, ME just a short distance from Route 95. The property consists of 12.11+/- acres of land with a 12,256 +/- store boasting a large glass front and three receiving bay doors in the rear for deliveries and shipping. Adjacent to the store are six greenhouses totaling over 20,480+/-SF of glass or plastic covered spaces and an additional 10,688 +/- of paved or patio areas. Also, on the property is a permitted 576+/- SF residence which includes a Kitchen, Bathroom, and a Bedroom\Living area excellent for an owner’s quarters or a manager\caretaker. Due to the size of the parcel, it is an ideal target for further expansion or development based on zoning and approvals.
An NDA is required to receive the financials on the business.
BUSINESS LOCATION
