Newly Remodeled Floral Boutique In Escondido

Not Disclosed, CA
San Diego County


Asking Price: Annual Revenue:
$184,350 $328,796

Retail: Florists, Gifts, Cards, Books


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RE: Newly Remodeled Floral Boutique In Escondido Broker: Linnea Westlake
Owner Financing is Available!

Quick Facts

Asking Price: $184,350
Annual Revenue: $328,796
Net Profit: Not Disclosed
Cash Flow: $105,162
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1977
Employees: 5
BBN Listing #: 11433008
Broker Reference #: 2401-501317

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Business Overview:

Newly Remodeled Floral Boutique - current owner has been serving Escondido for 25 years and recently settiled in new location. Conveniently located just off the 78 and main boulevard through town with easy access and ample parking, this shop is the destination for elegant custom arrangements and a marvelous selection of gifts. Various on-line ordering options are available from the website, email, and several wire services for customers who would rather shop virtually or are out of town. "House accounts (country club, hospital and occasional funeral home) keep the shop busy with regular monthly orders. Plenty of opportunity for growth by creating a social media and loyalty presence, additional house accounts, and a wedding program.
5 Part time employees work with the owner who staffs for seasonality. Rent is very reasonable – $2,100 per month in 2021 with almost 15 year including options available. Very clean books and records. Seller will consider financing up to 30% of the asking price. 2020 SDE: $90,401 - impressive given COVID with house accounts unavailable. 2019 Gross sales $328,796. SDE $105,162. 1st half 2021 showing exciting growth with sales trending to $500,000 and SDE over $160,000 for the year. Price: $184,350
Great social media presence and loyalty program. Add "house accounts". Establish a wedding program.
One other florist in town.

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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.

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