Well-established, Local Flower Shop for Sale

Not Disclosed, UT
Carbon County


Asking Price: Annual Revenue:
$180,400 $365,578

Retail: Florists, Gifts, Cards, Books


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RE: Well-established, Local Flower Shop for Sale Broker: William Fry
Owner Financing is Available!
The seller is willing to finance a portion of the transaction.

Quick Facts

Asking Price: $180,400
Annual Revenue: $365,578
Net Profit: $26,675
Cash Flow: $51,990
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1980
Employees: 5
BBN Listing #: 30862509
Broker Reference #: 12313807

Email or Print Listing

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Business Overview:

Estimated Down Payment: $45,000 (25% of Asking Price)

Founded over 40 years ago, this long-standing shop has grown to be a highly successful florist in the communities of Carbon and Emery counties.

While COVID devastated many sectors of the economy, the business was able to weather the storm and post near-record revenue numbers of over $350,000. In 2020, the shop was able to surpass $25,000 in net income, a sharp increase, due in no small part to improved expense and cost management.

The shop holds a strong brand and reputation in the community, having serviced the area from the same central location for over 40 years. Located just off of a major thoroughfare, the shop has built a loyal customer base within the town and has developed long-standing relationships with local churches, organizations, and mortuaries. Occasionally the shop will use trade arrangements with the local radio station during holidays for on-air exposure, and will organize giveaways on its active Facebook page.

Boasting strong reviews on multiple platforms and a Facebook page with over 1,000 likes, this flower shop offers a strong track record and an established brand for a passionate florist to make their own.

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Property Features and Assets:

The facility totals 2,250 square feet of space. A little less than half of that space is retail floor, while the rest is used for design, storage and flower processing. The large retail space also houses a 3-door display cooler. There is also a large walk-in cooler that is accessed from both the design and processing area of the shop, allowing the store to easily change and update designs and displays on a regular basis.

Market Competition and Expansion:

A good relationship with the town’s mortuary, church and charity organizations has led to a loyal customer base. Of the 300 orders it filled last Memorial Day, over 80% were customers the prior year. The level of customer service at the store is another unique strength. The store provides custom service and design along with hand delivery for every order, and constantly changes and adds to its in-store designs and product mix. The store can potentially look to its existing customer base to add new services, such as wedding rentals and gift registries, which go hand in hand with events where flowers are necessary. Additionally, the shop’s central location could serve as a shopping attraction in-town, potentially offering interactive experiences to engage customers.

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.

Documents:

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