Brown Consultancy International is excited to introduce for sale to the market the oldest family-run and owned plant nursery in Ireland.
Established in 1833, the nursery is set on a picturesque 19-acre plot of open countryside with easy access south of the M6 motorway, 12 km east of Galway, and 200 km from Dublin.
The site comprises 11 acres of nursery, 3 acres of hardcore, and 5 acres of grassland for future expansion. Within the site is a residential one-bedroom chalet bungalow.
Turnover has increased nearly three-fold from 2017 to 2022, largely through landscape contracting, with expertise in domestic and commercial landscaping, maintenance and restoration service being key factors to success.
The current owner, the sixth-generation family member, is now retiring. His invaluable knowledge and experience could also be negotiated, if required, on a contractual basis within the sale to ensure a seamless handover.
Products and Services
The nursery has three basic profit centers: landscaping, wholesale, and retail.
They grow approximately 85% of what is sold, which includes trees, shrubs, and bedding plants, with only 15% being imported, which generally comprises larger trees.
There is an extensive client base consisting of commercial, private, and public entities, and a current website for information purposes.
Facilities
The site comprises 11 acres of nursery, 3 acres of hardcore and 5 acres of grassland for future expansion, along with:
• Residential calet bungalow
• Potting shed
• 14 Polytunnels
• 2 Propagation houses
• Shade tunnel
• Single-story offices
• Warehouse
• 2 Stores
• 2 Canopies
• 5 Bay glasshouses
• 8 bay glasshouses
• 2 x 2 Bay multispans
• Pump house
• Open-fronted store
• Storage unit
The business is a Limited Liability Company (LLC), currently with 12 members of staff that are full-time with access to casual staff on a seasonal basis.
At present, the average monthly sales are approximately €38,000 for the retail and wholesale areas of landscaping work, with the average monthly sales being approximately €55,000 Total average monthly sales are approximately €93,000.
The latest reported yearly sales (2022) were €994,420, with a gross profit of 70.5% and net profit of 17%, and an EBITDA of approximately 20% – 30%.
Tangible assets included in the sale are:
• 3 potting machines/box fillers: €7,500
• Forklift: €6,000
• Office Equip €8,000
• Water tanker and tractor: €20,000
• Trollies: €2,500
• Residential Chalet contents: €6,000
• 2 heaters/air blowers for glass houses, €4,000 each
• Pots, trays, and labels: €3,000
• Stock approximately €330,000 (Full stock take figures would be produced at time of sale)
The total value of physical assets owned by the business that would form part of the transaction is approximately €57,000
Intangible assets included in the sale are goodwill, business name and website.
