Houseplant Boutique And Flower Store For Sale
Not Disclosed, TX Bexar County
Located near from Downtown San Antonio
Seller's Contact Information
- RE: Houseplant Boutique And Flower Store For Sale
- Contact: Will Simmons
Quick Facts
| Asking Price: | $300,000 | |
| Annual Revenue: | $454,042 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $126,905 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 2 | |
| BBN Listing #: | 404962509 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
The business was originally founded in July 2019 by the owner as a pop-up flower store at a local farmer’s market in Bexar County, Texas. The business remained this way until March 2020, when COVID caused them to adopt plant delivery as an alternative means of business. The delivery service was extremely successful, as the company delivered nearly 50 plants per week during April 2020 alone.
Following the pandemic, the owner decided to transition to brick-and-mortar sales, a decision that has proved highly successful for the company. Customers enjoy viewing the urban jungle that exists in the middle of the city and being able to access hard-to-find plants and curated handmade goods that very few shops in the area offer. The business’ inventory and artistic designs in the brick-and-mortar store drive sales and customer satisfaction.
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Property Features and Assets:
The company conducts business out of a 1,100 square foot retail space. The space has a large amount of shelves used to display plants, pottery, prints, and other handmade goods. The owner currently leases the space for $2,200 / month.
Market Competition and Expansion:
The company’s primary competition consists of two other house plant retailers in the surrounding area. Apart from this, there are some other outdoor nurseries in the area, but the business is regularly able to beat this smaller competition by virtue of their large variety, selection, and quality of house plants. The business also has a great location in a high-traffic area of the city. The business has several avenues for growth, including optimization of digital marketing and expanding their sales methods. The company’s ability to sell goods is currently limited due to the fact that they only complete brick-and-mortar sales, but expansion into more sales channels will help the business achieve growth. They could also gain more customers by expanding their line of goods, such as having a wider array of pottery, along with hosting pop-ups to attract new customers.
Reason for Selling:
Changing careers.
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
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