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General Store, Relax in beautiful Appalachian Mountains- General Store RELAX in Beautiful Mountains & enjoy your neighbors
Ad#:	405412
Business Type:	Established business
Business Category:	Real Estate for Sale
Location:	Pike County Pikeville, Kentucky
Asking Price:	$375,000
Income Property Gross Income:	$339,966
Income Property Net Operating Income:	$117,766
Price per Square Foot::	151.00

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                                  Report Date: 8/22/08     
                                                      Location: Kentucky 

Money Maker- Proven in heart of Bluegrass! 7.90 acres+ Lake

Financial Information
Asking: $1,700,000 includes brick 2400 S.F. storefront, +2 barns, plus 3 acre Lake 7+ acres Real Estate.
Gross: $500,000
Cash Flow: $350,000
Furniture, Fixtures & Equipment: $325,000
Inventory: $250,000 (included in price)
Real Estate: $700,000 (included in price)
Financing: Up to $250,000 depending on deal structure

Summary Description
If you love plants, flowers, gardens, ornamental trees, birds, lakes & southern hospitality- You will love this proven very successful 30 yr old Nursery on 7.9 acres in the heart of Kentucky Bluegrass country! There is very little competition providing this level of combined quality, quantity and clean, logistical flow of customers throughout the compound! The display during April, May (Derby Month) and June naturally draws vehicles to stop even if they were not looking to buy products! This is a professionally engineered nursery, with infrastrcture, throughout down to the curving paths you can ride the John Deere Gators to the back for the young, maturing and older beautiful ornamental trees! pennies for seeds and now the 15-30 years has plants matured ready for sale for huge dollars! This is great opportunity to build wealth legacy for your family through this cash business! Come see it, you will fall in love with it!

General Information
Facilities: 2400 s.f brick storefront 320' on highway, 3 other permanent structures, barn, Large metal tool & storage building-1200 s.f. supply building, 13 professionally built greenhouses, mat flooring, irrigation system all plumbed, HVAC/ thermostatic controls, wired and grounded- 3 acre spring fed lake with enclsoed new pumphouse, Inventory consists of thousands of trees (10-15 yrs) old, shrubs, all horticulture products and supply backups for all operation systems- no capital required to repair for next 10 yrs. 7.9 acres in business 30 yrs!
Competition: Prime location, familiar to all central Kentucky bluegrass area and close to 15,000 pop. town with prestigious college, large industry & big town entertainment!

Growth and Expansion: Huge opportunity to use massive inventory to immdiiately provide contract landscaping services for builders, homeowners, businesss & recreation. Currently does not offer due to owner likes to have hands on in all aspects & cannot with contracted landscaping, but this is gold mine expansion! Customers ask for it all the time- Also Internet sales, no internet site & the mature, high quality could easily be sold via internet. Cater to retiring urban farmers with food prices going up, start backyard gardening clinics
Support/Training: Owner will stay up to 6 months but will require some arrangement for compensation, depending on deal struture- long time employees, trusted, knowledgeable.
Reason Selling: Simply to retire and spend time with wife & grandchildren.
Year Established: 1978
Employees: 6

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