763 Hulses Corner Road

Description

5.5 acres zoned for farming/agricultural and 0.5 acres zoned for residential with rental income and best-in-class family-owned landscape design and hardscape company. 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. Top line revenue, profit and passive income from the real estate justify the list price. $1.15M for the property only. $600K for the business only. $1.65M for both. 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 retail 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.