NOT DISCLOSED, New Jersey
| Asking Price |
$2,225,000 |
Year Established |
1950 |
|
| Annual Revenue |
$1,173,068 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Larry Lynn |
|
| Annual Cash Flow |
$267,693 |
Listing Number |
1009328 |
|
| # of Employees |
8 |
Business Category |
Retail: Florists, Gifts, Cards, Books |
|
Business Overview:
REAL ESTATE INCLUDED IN SALE
Long-established florist with experienced staff in place supporting day-to-day operations. The business is offered together with the underlying real estate, providing long-term stability and control of its location.
This family-owned and operated business has been serving its community for over 70 years, building a strong reputation for quality, reliability, and customer service. It is reflected in over 100 4.5-star online reviews and a loyal customer base of more than 85,000. The company offers a full range of floral products and gifts for all occasions, including traditional and contemporary arrangements, centerpieces, weddings, and funeral services.Same-day service is available, further supporting its strong local presence and repeat business. Revenue is primarily generated from floral arrangements, with additional sales from gift items.
As a recognized top-performing member within a national floral network, the business benefits from both local and national customer channels. It has demonstrated consistent performance with a stable base of repeat customers.
The opportunity includes both the operating business and the real estate,with the property configured as a two-unit retail building, offering potential additional income from the second unit. This is a rare opportunity to acquire along-standing, well-established florist along with the real estate in a strong and established market.
Property Features and Assets:
<p>The business operates out of approximately 3,200 square feet within a 7,189square foot, one-story retail building situated on approximately 36,198 square feet of land. The space includes a large showroom, dedicated workspace for design and production, and a full basement for storage.</p><p>The building consists of two retail units, with the business occupying one unit and the remaining unit providing additional flexibility and potential rental income for a new owner. Constructed in 1974 with a masonry exterior and flat roof, the property is well-positioned within a high-traffic, densely populated area.</p><p>The real estate is included in the offering, allowing a buyer to acquire both the business and property as part of the transaction.</p><p>Assets = $1,665,000</p>
Market Competition and Expansion:
<p>The business operates in a densely populated market with consistent demand for floral and gift services. While there are other local competitors, the company has established a strong reputation and long-standing presence within its market, supported by decades of customer relationships.</p><p>The floral industry continues to benefit from steady demand tied to life events, holidays, and recurring customer needs. The inclusion of real estate further enhances the stability of the business by providing long-term control of its location.</p><p>There is a clear opportunity to grow the business through increased digital marketing, social media presence, and targeted advertising. </p><p>Expanding online ordering capabilities and further leveraging the existing customer base could drive additional revenue.</p><p>Additional growth opportunities exist through expanded event and wedding work, as well as continued development of relationships within the community.</p><p>The property also includes a second retail unit that is currently leased, providing existing rental income with the potential for future upside.</p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity