Seller's Contact Information
- RE: Legacy Flower Shop With Multiple Locations And RE
- Contact: Terri Ambrose
Quick Facts
Asking Price: | $350,000 | |
Annual Revenue: | $580,524 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $151,232 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1985 | |
Employees: | 10 | |
BBN Listing #: | 507763924 | |
Broker Reference #: | 022822-255284 |
Business Overview:
100 year established flower shop with multiple retail storefront locations in Northeast Ohio area. Active participant in on-line origination partners expands network and reach beyond micro markets served. Maintains active delivery agreements with over 100 facilities including major hospitals, retirement centers, funeral homes and local, upscale multi-unit living communities. Classy and well appointed retail storefront locations in dense, upscale communities create a unique home-town business feel.
Founded in 1902, one of Ohio's oldest flower shops, this business is a staple in the community. The founder sold the name with the business when he retired and the current owner bought it in 1985. For the past 37 years the current owner has built a reputable floral business with the finest flowers and arrangements backed by friendly and prompt service. They currently serve over 20 communities in Northeast Ohio, including the Greater Cleveland area. They have provided design services and flower arrangements for many large scale events including the original opening of the Rock and Roll Hall of Fame, where they delivered 200 gift baskets to attending/performing celebrities. The many friends made through the years remain loyal customers today and into the foreseeable future. The current owner is retiring from his full-time passion, but willing to consult or work part-time if needed. In the owner's words, 'a new owner can take this company well into the future as it is a great business and a wonderful place to come to each and every waking day.' This business has room for growth in the area of social media and internet advertising. This opportunity offers a turnkey business with multiple locations, ready for a new owner to step in and begin fulfilling orders and growing the business on day one.
It is currently a reputable business with great name recognition, quality and quantity revenue. Growth opportunities will be in social media marketing and internet advertising to further widen the reach of this business and further increase profits.
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Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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