Business For Sale

One of Lincolns Oldest Florists

Lincoln, NE
Lancaster County


Asking Price: Annual Revenue:
$165,000 $263,000

Retail: Florists, Gifts, Cards, Books


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RE: One of Lincolns Oldest Florists Broker: Jethro Hopkins
License #: 20160012
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $165,000
Annual Revenue: $263,000
Net Profit: Not Disclosed
Cash Flow: $67,000
Total Debt: Not Disclosed
FF&E: $7,200
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 764356295
Broker Reference #: Not Disclosed

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Business Overview:

Over 10 Decades of business. Thats what you have behind you when you purchase this florist. Most flower shops come and go, 3 years here, 5 years there, but not this one.

With that being said this business is a very easy to get into business for anyone with the creative and decorative skills needed to run it. Owner is willing to stay on for a while to help train, and than continue to help out on custom commercial orders as needed to make sure you keep the many commercial and institutional clients that they have.

Heres the kicker. You want to increase the cash flow from day one? Extend your open hours. Owner was slowing down and decided to shorten his store hours and cut back on doing weddings.

Loan specifics- Pre qualified for a SBA 10 year business loan with first 3 months being interest only payments that includes $20,000 in working Capital. Bank requires 20% down, could be all from a buyer or split between buyer and seller, Plus closing costs. Estimated Loan Payments would be $1,673 a month.

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:

625 square feet studio keeps the overhead down and provides all the space they need for current operations.

Market Competition and Expansion:

When you talk about a business this old with this many established business clients there really is no competition. Become more active, Needs an enthusiastic aggressive owner to move it back up the chain.

Reason for Selling:

Retirment

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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