$4,500,000
410 E Olive Street 1820761900
San Marcos, CA, 92069
Property Description
Orchid Greenhouse is a fully functional and in well maintained condition. Property is currently used for Orchid flower production. The property is zoned Agricultural and has 4 permitted greenhouses. This property to be sold together with Fully Set Up only One in So. CA "Orchid" downtown flower business. Asking Price is $4.5MM (both business/real estate) including $1.3 MM inventory. Flora Caly was founded in the Flower District of DTLA about 20 years ago. Flower Clay is located at 766 San Julian Street, Los Angeles, CA 90014, and the Orchid Greenhouse is in San Marcos, CA. Flora Clay imports a baby orchid from Taiwan, cultivates it, and produces a commercial orchid in 6 months. Then, deliver them to DTLA and San Diego area. Flora Clay is the only "Orchid" supplier in Southern California, and there is still room for growth. The founder is planning to retire. DTLA’s gross sales approximately $2.3MM in the first six months, while San Marco’s is around $1.1MM. The second half of the year is often busier with larger gross revenues. DTLA has 13 employees/San Marcos has 11 employees. Flora Clay has been supplying orchids to two consignments in the Flower District of DTLA on monthly basis for the last 17 years.
Property Details
Price:
$4,500,000
MLS #:
23299313
Status:
Active
Baths:
0
Address:
410 E Olive Street 1820761900
Type:
Land
Neighborhood:
92069sanmarcos
City:
San Marcos
Listed Date:
Jun 28, 2023
State:
CA
ZIP:
92069
Lot Size:
141,134 sqft / 3.24 acres (approx)
Schools
Interior
Exterior
Financial
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410 E Olive Street 1820761900
San Marcos, CA
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