Our friend Doug Rose has reminded us that he is selling his pond-and-water lilies business in McKinleyville and he’s listing it at only $7K. That’s an awfully cheap price to get into a an enterprise with lots of growth potential. I’ll let Doug tell the rest of the story:
“Seasonal (March-August) pond plant business available in McKinleyville. Established 12 years with good client base and assumable land lease with room for expansion. Facilities are fully developed with 10×12′ greenhouse, automated watering system, sheltered potting area with weed cloth covering all growing areas. Inventory includes 160 mother plant varieties of hardy water lilies with complete history, growing characteristics and graphic displays for every plant. Business consists of wholesale, retail and internet. Must sell by July 4th. $7000 is walkaway price. ” His phone is (707) 839-0588, his cell is (707) 616-0111 and the website is right here. There’s also a video on You Tube
https://www.youtube.com/watch?v=e6_xGDAqtzM:
and his email is drose@rosepond.com. (Sorry, I’m having problems with links again but the link to the website is good.) If you haven’t met Doug, he’s an amazing person.
Good luck in your new business!
Yeah. The big ones you read about in the news, but I don’t recall ever seeing a “Under New Ownership” sign out front of the store. They just unceremoniously change the name; Payless to Rite Aid, Longs Drugs to CVS, and so on.
But the smaller businesses seem to just go out of businesses, more often than not. Like that Bistro place in Henderson Center that closed. Did they try to sell it, or just throw in the towel?
Then again, I can think of two smaller businesses that continued under new management. Actually, I can only think of one right now but thought of another one earlier that escapes me now.
Broadway Animal Hospital was sold after Dr. Krings retired. I don’t think I ever heard about that except through word of mouth and I work for Krings! He sold it to some vet that didn’t do well at all with it. That guy quit and sold it to Dr. Otto who will hopefully turn things around.
I don’t believe I saw any mention of that, except on their Yelp page, which fortunately allows the new owners to answer complaints of the business made against prior owners.
Agree the smaller businesses sometime just fade away. Probably when they’re in dire straits economically they don’t want to spend $$ on ads but I think it would be a wise expense. The place in Henderson Center went awfully quickly. I don’t remember seeing any For Sale signs. I’ve been going to Joe Humble for so long (21 years, three dogs) I don’t even know who the other vets are. If they try selling thru a realtor, I assume the realtor would advertise but with mini-enterprises I think panic takes over when they realize they’re going down.
Perhaps I wrote too soon? John Chiv tells the story on his blog of a Eureka printing company being bought back in 2012.
As he reiterates in the Times-Standard this morning, Times Printing is actually absorbing the two smaller companies (Artcraft and Eureka Printing) and simultaneously moving to Eureka Printing’s premises. So the end result is two more empty buildings in Old Town. Times is a good outfit and I’m happy for their success. Totally different topic- did you ever figure out what the hardware store in Henderson Center on F street was? I can recall Sprouse-Reitz and Proctor’s but I’m still blanking on the hardware store.
It was Coast to Coast Hardware, or True Value. Maybe both. True Value took over CTC at some point.
Boy, I don’t remember either of them.
Once Rose Welsh mentioned Coast to Coast, I remembered it. Not sure if it switched to True Value when I bought stuff there, or later.
It just occurred to me you don’t often hear of businesses having new owners up here, or maybe I’ve missed hearing of them? I believe this pond business has been up for sale for a while, hasn’t it?
Btw, read on CNN yesterday that Radio Shack is closing something like 20% of its stores. Wonder if the Eureka one will be among them?
I think it’s because so many businesses close and just leave an empty building. Times Printing on the other hand is expanding, buying up other businesses and doing well. Re: Radio Shack, they have four locations here (Bayshore Mall, Eureka on Myrtle and West, Fortuna and Arcata.) I would be surprised if one of them doesn’t get cut but I’m just guessing.
You probably don’t hear about many larger businesses that change hands. Probably because they’re not too visible.
Still, I wonder if some of the smaller ones even go up for sale? I was surprised when the Finnegan and Nason at Henderson Center closed. You’d think someone would have wanted to buy that long established business.
Some commented on the CNN site that they weren’t surprised that Radio Shack was closing. Maybe so, but last time I was at the one in Burre Center it had a fair number of customers in it.
Actually, I think we DO hear about the sizeable businesses that undergo changes. I’ve recently written about NVB and Safeway myself. But I agree, Finnegan and Nason was a surprise.