Floral Business in New York County, NY - 26036

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$840,000 $505,166

Retail: Florists, Gifts, Cards, Books

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RE: Floral Business in New York County, NY - 26036 Broker: Jay Goldman

Quick Facts

Asking Price: $840,000
Annual Revenue: $505,166
Net Profit: Not Disclosed
Cash Flow: $278,392
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 11074447
Broker Reference #: Not Disclosed

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Business Overview:

This floral business has successfully serviced several hundreds of weddings, corporate events, hotels, weekly corporate office building accounts, and wealthy individual's home accounts since 2002. The (still energetic) 58-year-old owner is open to take you on as a 50/50 strategic growth partner to scale up the business or sell it outright. 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 literally has been in the floral business since the age of 8 and knows how to source product and design as well as anyone else. That's one of the main reasons why he is able to command such high profit margins. If you are interested in acquiring 100% of the business, he is willing to stay on under contract for 2-3 years to transition his clientele and pass on his know-how to you. Besides the owner, there are two other designers and a full-time driver. 80% of the business gets delivered. This is primarily a commercial rather than retail business, so don't be deceived by appearances when you do your walk-by. The asking price of $840,000 is for 100% of the business. Please call listing broker Jay Goldman to make an appointment to meet with the owner. For further information contact us.

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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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