Cash Flow $124,600! Floral & Gift Shop, Mankato

Mankato, MN
Blue Earth County


Asking Price: Annual Revenue:
$140,000 $820,500

Retail: Florists, Gifts, Cards, Books


Request More Information
Contact the Seller

RE: Cash Flow $124,600! Floral & Gift Shop, Mankato Broker: Bill Kraemer

Quick Facts

Asking Price: $140,000
Annual Revenue: $820,500
Net Profit: Not Disclosed
Cash Flow: $124,600
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1919
Employees: 12
BBN Listing #: 574240231
Broker Reference #: 8211 b.k.

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

TYPE OF BUSINESS: Beautiful Floral and Gift Shop, established over 100 years ago. Current owner has owned the business for over 44 years. They sell fresh flowers, custom floral arrangements, plants, gift items, unique furniture pieces, cards, balloons etc. The business enjoys a great reputation and it provides its customers with a quality product that is competitively priced. They have a great on-line present and serve a tremendous number of weddings, funerals, special events, corporate events and walk-ins. The hours are Monday through Friday 8 – 6, Saturday 8 – 5:30. Sunday 10 – 3. Business is located 1 ½ hours south of the metro.

FACILITY: The business occupies 8,200 square feet space. The building is for sale and the floral business will have to be moved (once the building has sold). The building and property are available for purchase for $1,295,000.

EMPLOYEES: The business operates with owner working 40 hours a week, 4 full-time and 8 part-time employees. Very friendly and experienced staff in place. Owner’s duties are staffing, ordering, floral design, sales and marketing.

SALES/CASH FLOW: Gross sales for year ending 2018 were $820,500, 2017 were $833,500, 2016 were $825,900. Cash flow in 2018 was approximately $124,600 to an owner operator.

ASKING PRICE: The owner is asking $140,000 for the business. The price includes furniture, fixtures, equipment and 2 delivery vans which are valued at approx. $75,000. The inventory is approx. $25,000 and is not included in the asking price.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The business occupies 8,200 square feet space. The building is for sale and the floral business will have to be moved (once the building has sold). The building and property are available for purchase for $1,295,000.

Reason for Selling:

Retirement

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!