Gardening and Hydroponics Retail/Online Business

Here is a great opportunity to own a profitable, well established, very organized “turn-key” business located in a friendly and growing city in Southwestern Ontario.
Their primary customers are retail gardeners, to whom they provide indoor/outdoor supplies and Hydroponic gardening equipment. While a good percentage of overall sales occur in their attractive retail store, the majority now come from their popular online store.
The online store serves customers from every province and territory across Canada. It now represents about 70% of the company’s sales and is growing rapidly.
This unique business is family-operated and well established, having been created by the current family members over a decade ago. It enjoys a huge and loyal base of repeat customers due to the high level of customer service they provide. One of the highest-ranked stores on Google in the gardening and indoor growing industry.
They prioritize finding eco-friendly sustainable products that have a niche following, while avoiding run-of-the-mill products that can be sourced from garden centres in big box stores. They also specialize in indoor/outdoor Cannabis cultivation for personal and medicinal use.
Other highlights of this exceptionally attractive business include:
• Buyers can expect to receive normal inventory levels of $400k to be transferred as part of the sale
• Industry experienced a huge increase in interest during the pandemic and lockdowns. Profitability has continued to rise toward pandemic highs since lockdowns have ended
• Fiscal 2024 revenue is again expected to approach the level they achieved during the pandemic at $4 million
• A comprehensive digital marketing campaign keeps existing customers engaged and brings in a constant stream of new customers
• Length of time in the industry, superior customer service, and continuing marketing activity have made them a leader in the industry
Don’t miss this opportunity to own and grow this highly desirable one-of-a-kind business.

Down Payment: $0

Total Sales: $3,341,428

Cash Flow: $231,607

FFE: $43,218

FFE Included: Yes

Inventory: $400,000

Inventory Included: Yes

Employees: 8

Reason For Sale:

Retirement

Training & Support:

Available