UPDATED:
10/03/2024 01:28 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,620 sqft
Price per Sqft $343
MLS Listing ID 22416623
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1907
Annual Tax Amount $89
Tax Year 2023
Lot Size 6.000 Acres
Acres 6.0
Property Description
Best-in-class family-owned landscape design and hardscape company, operating landscape nursery, large lot and buildings offered for immediate sale. Included in the sale are the business revenue/profit, inventory, equipment, rental income from multiple tenants, 6 acres of land, 2,600+ SF of residential and office/garage buildings, 900+ SF of hoop fabric garages for storage, irrigation, septic, two deep wells and more.
The company has over 30 years of experience in Monmouth County serving an affluent residential and commercial client base with large complex landscape/hardscape new installs and maintenance. This is a total turnkey operation requiring no additional investment to continue to prosper and grow and is poised to dramatically expand with addition of new management.
The lot includes 6 acres with a residential home that is rented out along with a commercial office and garage and several temporary tent structures used to support the business and the on-site tenants. There is substantial passive income from several business tenants along with the residential tenant included in the sale.
The seller is flexible to sell the business/land/buildings and to stay on with the new owner as a design and sales consultant and whatever is necessary for a successful transition. Due to the seller's desire to reduce the hours required to operate the business, the company does not advertise and has a limited online presence and no proactive sales team. A motivated well-funded new owner willing to activate advertising and marketing campaigns along with expanding into other landscape verticals/services could expect to increase revenues dramatically. Ancillary service offerings that include annual maintenance, lighting design, nursery expansion to outside customers, annual maintenance and higher focus on commercial clients would only enhance current healthy gross revenues and profits.
Detailed financials (revenue and expenses), inventory, equipment, tenant income and existing customer records will be included after potential buyer provides proof of funds and prequalification letter along with a signed NDA.
Location
State NJ
County Monmouth
Area Howell Twnsp
Direction Upon request and signing of NDA and proof of funds
Interior
Heating Oil Above Ground
Cooling Window Unit(s)
Exterior
Exterior Feature Fenced
Parking Features On Site, Open
Garage Spaces 2.0
Building
Lot Description Fenced/Enclosed Area
Sewer Septic Tank
Water Well
Structure Type Fenced
New Construction No
Others
Senior Community No
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Deb Hagemeister
Broker Associate | License ID: 9133524
Broker Associate License ID: 9133524