As a former real estate agent and current nursery operator, I deserve a unique perspective on the value of a landing dog. I would like to share some of these ideas to help shoppers out there to make purchases for the nursery planting business.
First of all, if you have the opportunity to buy a nursery, and the numbers make sense, DO IT! Unfortunately, the last part of this statement about numbers that make sense can be a difficult part, as many sellers overestimate their nurseries. In the end, the nursery is worth the income it brings. Dear land is great, and a beautiful building is fantastic, but if the nursery does not have the opportunity to get a good income, a bad business move.
I saw magnificent nurseries, open in poor places, where there is not enough demography to support the nursery. And the seller wants to compensate for its value when combining the object A +. Submit your proposal based on projected income. You can give a small reward for a good object. But it all comes down to income, income, income!
I also saw people with nurseries on expensive land, where the surrounding properties are sold for a premium. Often they determine the value of their business by the value of the land + the value of the business. It is completely irrational. For example, if the highest and best use of this land is for housing construction, then the nursery should be demolished and houses should be built on this land. If, however, the highest and best land use is for the operation of a planting nursery, then the land will not be used as residential development, and the price should not reflect the value of residential land in the area. In addition, if the land is expensive in the area, the cost of living should be higher, and the income from the nursery should reflect these higher boarding rates. Thus, once again, the calculation of value based on income should be the main problem in determining the value.
