Well-Established Florist in Amazing Silicon Val...

San Mateo County, CA

Asking Price: Annual Revenue:
$345,000 $1,263,611

Retail: Florists, Gifts, Cards, Books

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RE: Well-Established Florist in Amazing Silicon Val... Broker: Helen Liu
License #: 01229641

Quick Facts

Asking Price: $345,000
Annual Revenue: $1,263,611
Net Profit: Not Disclosed
Cash Flow: $137,929
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 12
BBN Listing #: 638059822
Broker Reference #: CAMPBCA001-N560

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Business Overview:

Don’t miss this opportunity to own a well-established upscale floral shop in an affluent community in Silicon Valley. The current owner has operated at this amazing location since 2015 and grew the business from a single employee shop to a market leader in the industry. The business is currently staffed with 11 part-time and full-time employees and many freelance contractors when needed for its busy seasons. The business offers high-end arrangements to retail customers and corporate clients for special occasions, weddings, private parties, and charity events, to name a few. The shop also offers a subscription-based package in addition to its one-time purchases. The floral shop partners with H. Bloom and B Brooks to offer luxury floral arrangements. Its brick-and-mortar floral shop can be distinguished from others in the market with high quality and wide varieties of premium and high-end florals and foliage; modern and current artistic designs; and unmatched customer service. Sales are done through its beautifully designed website, phone orders, and walk-ins. The shop also has Instagram and Pinterest accounts that assist with marketing efforts. There is a generous amount of eclectic FF&E, valued at $29,400, in high-quality artistic taste included in the sale. The business was temporarily closed during the initial COVID shelter-in-place in 2020 but it had a strong recovery in 2021 with year-on-year sales increase of 70%. The business has been pre-approved for SBA loan. -Market leader in high-end floral services in Silicon Valley -Located in an affluent neighborhood -Sales increased 70% YOY from 2020 to 2021 -Sales as of 4/30/2022 reached $500K – 40% of2021 Sales -Many corporate clients for special event orders -Market competitive edge at many fronts from C to B -Few major competitors in vicinity -Great potential for further growth -Hours of Operation; Mon thru Fri, 10AM to 5PM

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Property Features and Assets:

Real Estate License ID: 01229641

Reason for Selling:

Seller is Retiring

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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