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Business For Sale

Established Florist For Sale

Passaic County, NJ, USA

Retail: Florists, Gifts, Cards

Asking Price:
Year Established:
Employees:
Listing Number:
$235,990
1989
7
50954449
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$695,500
Not Disclosed
$170,700
Not Disclosed

Business for Sale Overview:

Averaged $55,000 a Month in 2008 on Tax Returns Reduced, $85,000 and an Option to Buy Building Negotiate New Lease Who said Money Doesn't Grow on trees? Here's an opportunity to get your investment back Plus in the first year. This business was started 20 years ago and the owner had no previous experience. The owner will stay on for up to 8 weeks to train the new buyer. With over 200 accounts which consist of hotels, restaurants, funeral homes, caterers and the like, the orders keep flowing in. Conveniently located on a busy Main street next to a super sized liquor store, over 50% of the business is walk in. Owner is willing to put the first years rent into renovations. This florist does No Wire Service which means no commissions and costly service fees insuring high profits. Flowers, balloons, plants, fruit baskets and gourmet baskets are the main stay of this business. There is over $100,000 worth of inventory and equipment included in the sale which consist of $50,000 inventory, $20,000 equipment (refrigeration 2004 town and country van) and a $40,000 dollar flower vending machine that has access when the store is closed, this machine alone will pay the rent. The building is free standing with room for 25 cars. With the support of the present owner for up to a year, this business perfect for anyone looking for a career change or anyone just looking to start a family business. The fact that the seller will take half down and half over ten years means that after paying the note the new owner can expect to get their investment back the first year. Inventory and equipment are included in the sale and this makes this a win-win situation. If the new owner would start a wire service you could increase sale's another $250,000 a year. Still Hanging Tough in this Economy.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Reason for Selling:

owner going into retirement

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Established Florist For Sale
Business Listed By:
Louis cuglietto
Vested Business Brokers
contact the seller
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