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Business For Sale
GROWING FLORIST
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Asking Price: |
$265,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Florists, Gifts, Cards
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Reason for Selling:
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Personal |
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Year Established:
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1965 |
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# of Employees:
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9 |
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Yearly Cash Flow:
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$67,000 |
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Yearly Gross Income:
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$650,000 |
Business for Sale Overview:
This florist merged with its competitor in November 2005. As a result of the merger, business is up 60%, and profits are up as well. The Sales and Cash Flow figures are estimates, based on actuals from December 05-June 06, and projections for June 06-Nov 07. The business employs two full time employees and seven part time employees. The weekly payroll is $2700 and the rent is $2450 per month. If you are looking to enter into this vertical, this would be a good buy.
Property Features and Assets:
Beautiful Flowershop in one of Connecticut's well known towns. Great drive by location, plenty of parking. Approximately 1350 square feet.
Market Competition and Expansion:
Competition: There is normal competition from grocery stores and gas stations, but this is the only florist in town.
Growth and Expansion: Continue to market to corporate
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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