Florist & Gift Shop – Prime Location

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$225,000 $758,426

Retail: Florists, Gifts, Cards, Books

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RE: Florist & Gift Shop – Prime Location Broker: Marwan Nabulis

Quick Facts

Asking Price: $225,000
Annual Revenue: $758,426
Net Profit: Not Disclosed
Cash Flow: $69,118
Total Debt: Not Disclosed
FF&E: $25,500
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 9254955
Broker Reference #: 2705-15272

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Business Overview:

Established and Growing full-service florist serving Essex County, New Jersey. This Main Street business is centrally located in an affluent, growing community with a loyal and expanding clientele. Staffed by a creative floral design team, this business offers daily flower and gift arrangements to the general public, corporate accounts and on-line orders as well as servicing large client events such as weddings, funerals and fundraisers. Surrounded by a vibrant community that includes affluent neighborhoods, business complexes and event venues, this business is primed for the next stage of growth. Don’t miss this opportunity to own a growing business and put that green thumb to work!

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Property Features and Assets:

This Main Street Florist operates in a leased office/retail space totaling 1,650 square feet with a customer friendly walk-in store front and a back-area workroom for processing incoming deliveries, creation of daily displays & gift baskets and preparation of customer orders including large client events, seasonal displays and corporate functions. The business enjoys a strong, long-term landlord relationship with a 5-year renewal option when the current lease expires on 8/31/2022. Assets=$32,000.

Market Competition and Expansion:

This business continues to benefit from a loyal clientele that provide referrals and expanded business opportunities. Brand awareness is accomplished through a combination of internet presence and social media campaigns. Expansion of the marketing campaigns such as targeted mailings, advertisements and networking offer the vehicles for growth in market share and revenue growth. This business continues to benefit from a loyal and growing affluent client base which has translated into a sustained growth in annual revenues. Competition has been present in the area from its inception; however, this business continues to gain market share and build its clientele through high quality customer service, unique and artful floral arrangements, competitive pricing and a premium location. New ownership has the opportunity to grow this successful business through additional marketing programs, development of partnerships with complementary businesses and expansion of corporate/business accounts.

Reason for Selling:

Owner is pursuing other interest.

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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