Profitable Greenhouse on 10 Beautiful Acres in South Metro Area Off I-35 For Sale - 11287

Price
$550,000
Location
Industry
Category
Greenhouse
Description

Profitable greenhouse on a beautiful 10-acres site located in the south metro off I-35 only a short drive from the Twin Cities Metro. Seasonal work (March–June) with relatively minimal owner involvement and low labor costs throughout the year. There is ample room to expand operation on the current property, convert to another type of business or add on a complimentary business. Historically, the business generates north of $150K in adjusted net income consistently year after year with annual revenues of $300K. Real estate has a unique location with signage on I-35 with access to the interstate only a few miles north or south. 10 total acres, 3-level split (2,000+ sq ft) house with 2-car garage, rentable 1 BR apartment (currently vacant), 43,000 total sq ft of greenhouse, pole barn, warehouse and ancillary equipment. Currently collecting rental income of $1,300/mo. or $15,600/yr. Priced for a quick sale at $550K which includes the greenhouse business, Real estate and all FF&E. 

Listing ID
11287
Value From Year
2020
Cash Flow
$176,184
Value of Real Estate
$400,000
Gross Sales
$311,543
Reason for Selling
Other Interests
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Part Time Employees
3

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