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28338300
28338329

763 Hulses Corner Road, Howell, NJ 07731 For Sale

Serhant
Listed by Serhant
$1,150,000
244 days on market
Updated 91 days ago

Thorpe Nursery and Landscape Co.

Details
Property Type Land, Mixed Use (+1)
Sub Type Agricultural, Farm (+1)
Square Footage 2,600
Tenancy Multi
Price per SqFt $442
Buildings 3
Acreage 6.000
Zoning Farming and Agriculture
Investment Type Owner/User
Ground Lease No

Lanscaping business, land, residential home!!

Marketing 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. $650K for the business only.

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.

Investment highlights

The Opportunity

Acquire a well-established landscaping company paired with valuable, income-producing real estate. Thorpe’s Nursery and Landscape Co. offers immediate cash flow, a loyal client base, and a fully operational infrastructure—positioned for both stability and growth.

What’s Included

✔ Established Business (Soft Assets – $375,000)

    • Recognized brand with strong local reputation
    • Recurring contracts and repeat clientele
    • Website, phone number, and goodwill
    • Experienced crew in place
    • Transition support from current owner

✔ Equipment & Hard Assets ($286,000)

    • Fully equipped and operational
    • No additional startup investment required
    • Immediate continuity from day one

✔ Real Estate Portfolio ($1,230,000)

Residential Property – $480,000

    • Single-family home on 0.25 acres
    • Ideal for owner occupancy or rental income

5.75-Acre Nursery & Commercial Property – $750,000

    • Office, buildings, and storage
    • Well + irrigation systems
    • Hoop houses and growing infrastructure
    • Supports business operations and expansion

Income Highlights

    • Existing business revenue stream
    • $58,200 annual passive rental income
    • Multiple income channels = reduced risk

Valuation Snapshot

Why It Works

    • Turnkey operation with immediate income
    • Real estate-backed investment
    • Established brand + client base
    • Growth potential through expansion and optimization
    • Lower risk than starting from scratch

Ideal Buyer

    • Landscaping or service company looking to expand
    • Entrepreneur seeking a ready-to-run business
    • Investor seeking income + real estate appreciation

Bottom Line

A rare opportunity to acquire a fully integrated business and property portfolio with proven performance, stable income, and long-term upside.

Listing Contacts

Serhant
Listed by Serhant

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Additional Information

Name
thomas marinelli
License
1971215
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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