Business For Sale

Flower Delivery in Denver

Denver, CO
Adams County


Asking Price: Annual Revenue:
$240,000 $881,912

Retail: Florists, Gifts, Cards, Books


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RE: Flower Delivery in Denver Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $240,000 10% Buyer Down Payment: $24,000 10% Seller Financing: $24,000 80% Bank Loan: $192,000 A 10% down payment of $24,000 returns $72,793 in the first year after debt payments!

Quick Facts

Asking Price: $240,000
Annual Revenue: $881,912
Net Profit: Not Disclosed
Cash Flow: $111,886
Total Debt: Not Disclosed
FF&E: $93,528
Real Estate: Not Disclosed
Year Established: 70
Employees: 10
BBN Listing #: 68634398
Broker Reference #: RET054

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Business Overview:

In business since 1948, this Denver floral shop serves the entire Denver metropolitan area. Sales break down is 10% weddings, 20% funerals and 70% other sales, including FTD and Teleflora orders. The shop also carries a selection of vases, greeting cards, containers, balloons, and other related items.

There are 10-15 employees on the payroll during normal times, using an average of 5-8 on a normal day; 3-4 Full Time designers, 3-4 Part Time designers, 3 Full Time drivers, 2-3 Part Time drivers, 1-3 Part Time sales/computer entry/general floral helpers. Additional 1099 drivers are used during the busier holiday seasons. Several of the floral designers have been with the business for 7 years or more. The current owner is looking to retire, and focuses her time on employee management, ordering and delivery routing.

Sales have consistently been over $800,000 for the past 4 years, with a 13% profit margin for 2017. Assets included in the purchase are five delivery vans, work tables, displays, furniture, computers and inventory.

Growth opportunities include increased marketing and social media presence, relationships with wedding vendors and funeral homes and participating in local/neighborhood events. The shop is located on a busy street, but increasing neighborhood visibility may increase an already steady stream of business.

A 10% down payment of $34,900 returns $55,038 in the first year after debt payments.

Sales Breakdown: 10% weddings, 20% funerals, 70% other sales (which includes FTD and Teleflora)

Employees: 10-15 employees on the payroll during normal times, using an average of 5-8 on a normal day; 3-4 Full Time designers, 3-4 Part Time designers, 3 Full Time drivers, 2-3 Part Time drivers, 1-3 Part Time sales/computer entry/general floral helpers; additional 1099 drivers for holidays.

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Property Features and Assets:

Lease: Approximately 2,500 square feet for $4,500/month. Hours: Monday - Friday 8-5:30; Saturday 8-5

Market Competition and Expansion:

Growth Opportunities: Increased marketing & social media presence; participate in local/neighborhood events; relationships with wedding vendors and funeral homes. Current Owner’s Responsibilities: Employee management, ordering, delivery routing.

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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