Flower Shop with 40 Year History

Not Disclosed, NC

Piedmont Area 45 minutes North of Charlotte


Asking Price: Annual Revenue:
$240,000 $350,000

Retail: Florists, Gifts, Cards, Books


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RE: Flower Shop with 40 Year History Broker: Michael
Owner Financing is Available!

Quick Facts

Asking Price: $240,000
Annual Revenue: $350,000
Net Profit: $75,000
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: $3,000
Year Established: 1982
Employees: 5
BBN Listing #: 540362703
Broker Reference #: Not Disclosed

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Business Overview:

40 Plus year old Flower Shop for sale. Current owner has been there for 23 years. Ready to retire. This shop has loyal and long term employees and has been in the same location for the companies history. Lots of room to expand and bring in new business. Very little competition within 30 minutes. Owner can stay on to assist new owners for as long as needed.

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Property Features and Assets:

This shop is located in a small strip mall with low rent. There is also another part of the building that could be sub leased or used for expansion. The other part of the building has been sub leased in the past to a small restaurant.

Market Competition and Expansion:

As stated above, only one competitor within 20 to 30 minutes and plenty of room for expansion to double sales in the first year.

Reason for Selling:

Retiring

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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