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  • RE:  Reputable Full-Service Florist
  • Contact:  Tom Doyle

Quick Facts

Asking Price: $375,000
Annual Revenue: $563,693
Net Profit: Not Disclosed
Cash Flow: $56,284
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: $180,000
Year Established: 1959
Employees: 10
BBN Listing #: 665835915
Broker Reference #: 2979

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Business Overview:

This reputable full-service florist has served their loyal customers in North Central Iowa for over 60 years. The business is known for their large and excellent quality of fresh flowers, silk flowers, plants and gifts as well as their experienced designers who create unique arrangements. Their staff, which includes a full-time manager, is friendly and professional and delivers the highest standard of customer service. Their services extend to nearby, surrounding communities within a 50 mile radius. The business is a valued member of the local community and is known for their charitable contributions to organizations and community members.

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Property Features and Assets:

The Real Estate included with this listing is a 1,672 square foot building located on 3,600 square feet of land. The property has been well maintained and has had many recent leasehold improvements including upgraded HVAC and attractive, branded awnings.

Market Competition and Expansion:

A new owner could make an immediate impact on sales by beefing up the marketing and social media efforts of the business. As the business already has an established reputation in the community, growth could come from expanding the brand outside the current market area with additional locations or through adding new revenue streams such as working with corporate or tourism customers in the area to provide fresh flowers on a regular basis or by developing hands-on flower design classes to the general public.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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