Live the Island Life & Give the Gift of Flowers!

Freeland, WA
Island County

Whidbey Island


Asking Price: Annual Revenue:
$150,000 $375,570

Retail: Florists, Gifts, Cards, Books


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RE: Live the Island Life & Give the Gift of Flowers! Broker: Shawna Brenneke
License #: WA 17578
Owner Financing is Available!

Quick Facts

Asking Price: $150,000
Annual Revenue: $375,570
Net Profit: $64,488
Cash Flow: $64,488
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 4
BBN Listing #: 8104931
Broker Reference #: SE10694

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Business Overview:

Give the gift of love every day! Flowers By the Bay is the ideal opportunity to own a non-franchised retail floral and gift shop on charming Whidbey Island. This lovely store attracts locals and tourists for all their floral needs. The seller provides a large selection of cut flowers, floral arrangements, plants, and giftware. For the past 25 years, the business has steadily grown, beat out its former competition and continued to excel even when faced with the pandemic.

Located in a prime location in Freeland’s busiest shopping complex, Flowers By the Bay benefits from being the only floral shop in Freeland, and it boasts a loyal customer base. This shop has been in the same expanded location since opening in May of 1997. In addition to the in-store sales, the store currently provides delivery options from Clinton to Coupeville; the new owner could expand the delivery radius if they so choose.

The sale of this shop includes 3 coolers, Teleflora equipment, 1 vehicle, 1 new computer, the website (www.flowersbythebay.biz), social media platform access, the logo, and years of operation information notes. In addition, the seller will include all the shop’s furniture, props, decoration, supplies and the current inventory, which will retain its regular level until the time of sale.

While the building itself is not for sale, the seller has pre-negotiated a 5-year lease for the buyer. Plus, please note that the seller has excellent connections to vendors, suppliers, wholesalers, and the like, all of which will be passed on to the new owner.

The sale of Flowers By the Bay comes with a heavy heart, but the current owner is ready to retire. She wants nothing more than to have someone walk in and continue the quality and integrity of a local hometown business.
SE10694

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Property Features and Assets:

A new lease is available, Rent $2,275, NNN $286 1,300 square foot Hours Monday thru Saturday from 9 am to 5 p m Inventory $28,221 included in asking price

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.

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