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Business For Sale

Established Florist - 19709

Passaic County, NJ

Retail: Florists, Gifts, Cards

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$235,990
$650,000
Not Disclosed
$170,700
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1990
10
7134447
Owner Financing is Available!
145,000 down & $90,990 Financed over 10 years at 7% OPTION TO BUY BUILDING

Business 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? 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 supersized liquor store, over 50% of the business is walk in. Owner is willing to put the first years rent into renovatons. 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 (refridgeration 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 lookiing 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 to the left. We look forward to hearing from you.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: