Gardening and Cannabis Grower Supply Retailer
Gardening and Cannabis Grower Supply Retailer This gardening supply retailer has recently consolidated to a single location in Tompkins County New York. They specialize in tailoring products to customer needs, and offering a wide selection of supplies for indoor growing, hydroponics, outdoor organic gardening, as well as soils and medium. The business offers supplies for all types of gardeners, hobby farmers, as well as cannabis growers. Great opportunity to capitalize on the thriving cannabis industry from the supply side. Strong supplier relationships and customer network come with this business. Great buy for an excellent opportunity, it operates with absentee owner who lives in the western United States and has a huge potential for an entrepreneur looking for a recession proof industry.
Real Estate
Lease
Premises Details
Started in 2013 with one location in Broome County a second location was opened in 2014 in Tompkins County.
Expansion Potential
The addition of an outside sales person that could target area greenhouses and commercial growers would potentially bring significant volume to each store. There is currently no e-commerce store and a minimal online presence. Implementing an e-commerce site along with a consistent digital marketing strategy could yield significant growth. There is also potential for establishing more retail locations in surrounding cities.
Competition / Market
The industry continues to grow and evolve. Industry consolidation following covid has resulted in fewer retail competitors. As the economy stalls or declines this business actually grows as people turn to home gardening to save money. Continued inflation will likely bring more people into gardening.
Inventory / Stock Value
$175,000 - included in the asking price
Reason for Selling
New Opportunity
Financials
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