NOT DISCLOSED, North Carolina
| Asking Price |
$94,995 |
Year Established |
2022 |
|
| Annual Revenue |
$157,847 |
Reason for Selling |
Moving. |
|
| Annual P/L |
$0 |
Attention |
David Chebalo |
|
| Annual Cash Flow |
$44,122 |
Listing Number |
1007140 |
|
| # of Employees |
4 |
Business Category |
Retail: Florists, Gifts, Cards, Books |
|
Business Overview:
Desirably positioned in the heart of town on a major thoroughfare within a recently revitalized historic district, this business has become a recognized and respected staple of the local community. The shop specializes in tropical and subtropical houseplants, offering a carefully curated selection of plants, plant care products, accessories, and merchandise created by local artists.
Beyond traditional retail sales, the company generates diversified revenue through professional repotting and plant maintenance services, as well as interactive workshops and educational classes that cultivate strong customer loyalty and consistent repeat traffic.
The brand is reinforced by a rapidly expanding social media presence with more than 50,000 active followers and exceptional customer reviews that strengthen its credibility and visibility. In addition, the company operates a robust e-commerce platform, with online sales continuing to grow as an increasingly meaningful contributor to overall revenue.
The business is priced aggressively to facilitate a timely sale and transition to new ownership. Owner financing will not be offered. Third-party financing is available with a 680 credit score in all 3 bureaus & 2 years of personal tax returns showing a minimum of $50,000 of taxable income.
Property Features and Assets:
<p>The business operates from a prominent corner unit within a commercial building that is approximately 100 years old & recently renovated. The space consists of approximately 1,500 square feet and is leased at $1,575 per month, with the current lease expiring in December 2026. The building shares a water meter among multiple units. The unit was renovated with the assistance of a grant and had been vacant for approximately eight years prior to the business executing its lease. The HVAC system was replaced a few months ago and is in full working order. The premises are secured with an ADT security system, including two installed cameras.<br></p><p>Assets = $39,200</p>
Market Competition and Expansion:
<p>Currently located one block off of Main Street in a very walkable area downtown which is great for foot traffic. The store carries a wide selection of plants and plant care items not found anywhere else in town along with plant care services. This is an established local brand who are active in the community and offer hands on workshops and classes, teaming up with other small businesses. Just recently set up an online store which has the potential to expand the customer base significantly to all across the country. The current owner is always looking for new local artists to partner with, giving more opportunities for community and product expansion. Each year, they try to offer new workshops and classes to appeal to a broader customer base. In addition, the company operates a robust e-commerce website, with online sales representing a growing and increasingly meaningful revenue category.<br></p>
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