Commercial & Retail Floral Business in Manhattan

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$437,500 $750,000

Retail: Florists, Gifts, Cards, Books

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RE: Commercial & Retail Floral Business in Manhattan Broker: Jay Goldman

Quick Facts

Asking Price: $437,500
Annual Revenue: $750,000
Net Profit: Not Disclosed
Cash Flow: $350,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 16
Employees: 3
BBN Listing #: 17664447
Broker Reference #: 26036

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Business Overview:

Since 2002, this floral business has successfully serviced boutique hotels, corporate offices, wealthy individuals' homes, weddings, bar/bat mitzvahs,and corporate events.. The owner is now open to taking on a 50/50 value-added growth partner to scale up the business further and to prepare for his eventual retirement. Alternatively, he would consider selling it outright and staying on for a year or two to provide all the transitional support and training you'll need to run it successfully on your own. A partner should come with his or her own rolodex of potential new accounts and financial/ accounting acumen to compliment the owner's many strengths. He has been in the floral business over 50 years (since the age of 8) and knows how to source product and design as well, if not better than, anyone else. That's why he is able to command such high profit margins. Besides the owner, there are three other loyal full-time employees: one who designs and does set ups, another who does social media and is learning to design, and the third, who drives and delivers. Over 90% of sales are by check or on credit cards and are, therefore, easily verifiable. This is primarily a commercial rather than retail business, so don't be deceived by appearances when you go by. Please do not speak with employees or customers about the business being for sale should you walk in, nor ask to speak with the owner. Instead, kindly call the listing broker, Jay Goldman, to make an appointment to meet with him and get a full tour of the facilities. For further information contact broker or email us.

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Reason for Selling:

The owner is willing to take on a 50/50 value-adde.

Additional Details:

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

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