NE SD Flower/Gift Shop

Not Disclosed, SD


Asking Price: Annual Revenue:
$350,000 $477,100

Retail: Florists, Gifts, Cards, Books


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RE: NE SD Flower/Gift Shop Broker: Bryan Mulder

Quick Facts

Asking Price: $350,000
Annual Revenue: $477,100
Net Profit: Not Disclosed
Cash Flow: $80,760
Total Debt: Not Disclosed
FF&E: $50,500
Real Estate: $209,500
Year Established: 1971
Employees: 5
BBN Listing #: 62184955
Broker Reference #: 5401-16458

Email or Print Listing

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Business Overview:

This successful business offers flower arrangements, gifts, balloons, arrangements with candy, etc. This business also has a delivery service that not only delivers to the local population but also to surrounding communities as well. This business is in a community that is the shopping “hub” for the area.

Currently, the business owner operates the business with five part-time employees who take on extra hours when the owner wants / needs time away from the business. During the holidays more part-time employees are added to handle the demand. It is not uncommon for the extra part-timers come back year after year. This business also receives orders through FTD.

Some "upside" factors to consider are: 1.) The existing parcel offers available space to grow this business by expanding the current facility for additional inventory, space for classes, building a greenhouse, and expanding to increase wedding offerings. 2.) Adding e-commerce to the website would be a plus. 3.) Opening weekends and certain holidays.

Depending on the buyer, the seller may have interest in staying on part-time when not traveling and visiting family. For the right buyer, seller financing may be an option.

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Property Features and Assets:

The real estate is included in the sale. Extra space is available to add on to the existing building. The building is located on the busiest street in town. Assets = $350,000.

Market Competition and Expansion:

There is no other flower shop in this community. With that said, there is a gift shop. These two business have a mutual respect for each other and try not to overlap each other's offerings. This business is poised for growth. By continuing to build awareness via social media, adding a greenhouse, potentially adding on to the current store, and building a larger e-commerce presence would be helpful to take this business to a new level.

Reason for Selling:

Retirement.

Additional Details:

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

Relevant Links:

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