Thriving High End Florist Business

Not Disclosed, IL
DuPage County

Naperville


Asking Price: Annual Revenue:
$259,000 $441,000

Retail: Florists, Gifts, Cards, Books


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RE: Thriving High End Florist Business Broker: Tom Prince

Quick Facts

Asking Price: $259,000
Annual Revenue: $441,000
Net Profit: Not Disclosed
Cash Flow: $136,000
Total Debt: Not Disclosed
FF&E: $30,500
Real Estate: Not Disclosed
Year Established: 1963
Employees: Not Disclosed
BBN Listing #: 207153032
Broker Reference #: 62122

Email or Print Listing

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Business Overview:

Tremendous opportunity to buy an established, over 5 decades in business, premium Florist that has a great deal of customer loyalty in a high-income western suburb of Chicago. Decades of a stellar reputation allow for very strong profit margins. The business was started 58 years ago and has been under the same ownership for 24 years. The Company’s focus on high end floral arrangement and providing professional service has allowed them to enjoy great financial success despite being in a very competitive industry. COVID-19 has impacted sales and cash flow in 2020, but 2021 has since seen significant increases in sales and profits over the prior years. 2021 is on track to possibly increase sales by 50% over 2018, 2019 and 2020. The sales and cash flow advertised are the trailing 12 months ending August 31, 2021. This business offers a stable cash flow, upside potential and multiple ways to increase sales.

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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.

Relevant Links:

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