Home Garden Store For Sale
Notice to Buyer Agents (Buy-Side Agents):
Michigan Business Brokers Cooperates with other licensed brokers in the State of Michigan if they are the "Procuring Cause" resulting in a closing. Please contact us for details.
Seeking new store owner.
$148,000
AnnArbor.com Article About Store Sale
LocationThe Garden Store is in a beautifully restored historic building on Main Street, next door to a very famous restaurant in Michigan.
Description
Garden, Home Decor, Birds, Gifts
The Garden Store is a destination for all seasons. We feature unique and hand-crafted artifacts to adorn your garden and home. Browse through our store and you will find eclectic wind chimes, bubbling fountains, classic garden sculptures, and a colorful assortment of plant containers.
We carry a large collection of wrought iron and rustic garden features that will add character and grace to your gardens and living space. For our feathered friends, we offer whimsical, and completely functional, birdhouses, feeders, and baths that will attract visitors year-round. Our store changes with the seasons, so be sure to take time and explore our new offerings.
Unique Items for Your Garden and Home
The Garden Store is a family owned store in the heart of downtown small town in Michigan featuring practical, beautiful and whimsical products for your home and garden.
You will feel welcomed by the friendly staff and surrounded by nature with birds chirping in the background, flowers overflowing in buckets, water bubbling in fountains, and garden treasures tucked away in every corner.
Our Products
The Garden Store offers a variety of products from gardening tools and accessories, trellises, topiaries, bird feeders, sculptures, wind chimes, weather vanes, sun catchers, gardening kits and more.
The store changes with the seasons, and you are sure to find something you love each time you come visit.
For the gardener or bird enthusiasts, you'll find a wonderful selection of items that will both inspire and delight and have you eager for spring!
___________________________________________________________
Price for business, furniture, fixtures, and inventory is $148,000 CASH OUT. Approximately half the value is assigned to inventory, the remainder to business, FF&E. No seller
financing is available. A $10,000 Earnest Money Deposit is required. Buyer must be pre-qualified with a bank to
finance with a SBA Loan or Conventional Loan/Mortgage or Cash/LOC.
Seller says you are also required to sign a Non-Disclosure Agreement to receive the Confidential Sales Package which includes the financial Quick Book Statements and Schedule C Business Tax Returns on the business.
Click on link below.
Non-Disclosure Agreement - PDF
Fill in "Garden Store", Completely Fill Out Rest of Information. Sign & Date.
Along with a Bank Letter of Credit, Please Mail Original Signature NDA To:
Michigan Business Brokers
Attn: Willem van Reesema, M&A Advisor / Associate Broker
118 S. Main St., Suite C
Chelsea, MI 48118-2135
_______________________________________________________________________
Financial Summary P&L
Note: Most recent year available was used because we are awaiting 2010 financials from accountant. 2010 business expected to show greater financial performance due to increases in revenues.
(Past performance does not guarantee future results)
Total Income........................................$242,348
___________________________________________________________For more information about this business opportunity please contact.
Michigan Business Brokers
Attn: Willem van Reesema
Owner, Associate Broker, M&A Advisor
118 S. Main St., Suite C
Chelsea, MI 48118-2135
U.S.A.
Phone: 248-730-0998
eFax: 1-717-412-2680
willem@michiganbbi.com