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Asking Price:	$455,000 USD USA Dollars
Business for Sale Industry:	Retail: Florists, Gifts, Cards
Reason for Selling:	Retirement
Year Established:	1958
# of Employees:	8
Yearly Revenues:	$392,000
Yearly Cash Flow:	$50,000
Yearly EBITDA:	$52,000
Yearly Net Profit:	$32,000
Yearly Gross Income:	$400,000
Monthly Payroll:	$8,000
Total Debt:	$300,000

Business for Sale Overview:

This is a nearly 50 year-old business having only three owners during its history. It is well established in the community and is located in a quaint town in Kentucky, serving multiple cities within Central Kentucky. It is located within fifteen minutes of major interstate accessibility. The business is connected to Telefloral and FTD online floral worldwide networks. The business also has a gift shop which adds complimentary sales to the business. The business has a 1,650 square foot apartment on the top floor, which includes a deck. This space can either be used as living quarters or rented out to a tenant. The floral shop has a van that is included in the asking price. On the outside, there is a large amount of storage area encompassing a separate storage building and storage shed. New financial software was purchased for the business and implemented in 2007.

Property Features and Assets:

Located in the downtown area of a small Central Kentucky town, the business is comprised of 3,500 square feet with a 1,650 square foot apartment (with a deck) on the top floor that can be used as living quarters or rented out to a tenant. The floral shop includes a large cooler room and delivery van in the asking price. The building has two floors and a pit where floral and gift displays are located. In addition, the third floor is the apartment unit.

Market Competition and Expansion:

The business has a long established history in the area. The business already has positive cash flow which could be expanded if the wedding market was sought after. There is only one other direct competitor in the city. The business is a member of FTD and Telefloral which are online floral networks which account for their primary floral sales.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not 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.