NOT DISCLOSED, Washington
| Asking Price |
$150,000 |
Year Established |
1997 |
|
| Annual Revenue |
$330,313 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Mike Dressler |
|
| Annual Cash Flow |
$75,000 |
Listing Number |
1020435 |
|
| # of Employees |
4 |
Business Category |
Retail: Florists, Gifts, Cards, Books |
|
Business Overview:
Established and beautifully updated floral boutique in a premier Puget Sound retail setting, proudly serving a loyal local customer base for nearly 30 years. This locally owned shop features a welcoming, thoughtfully designed storefront, attractive displays, excellent visibility and a charming covered front porch. The business is known for custom floral arrangements, plants, gifts and local delivery, with a longstanding reputation and strong community support.
A particularly compelling opportunity for a new owner is the reintroduction of wedding and event florals. The shop has not actively pursued weddings for several years, despite numerous wedding venues within approximately 10 to 15 miles, presenting substantial potential for new bookings, venue partnerships and additional revenue. With an appealing retail environment, an established customer base and a favorable gross lease, this is a rare opportunity to take over a respected floral business and build on its decades of success.
Property Features and Assets:
<p>Beautiful 1,418-square-foot floral boutique with an inviting, thoughtfully merchandised retail environment in a premium shopping location. A covered front porch provides appealing space for product displays, while a private restroom and free customer parking add convenience. The gross lease includes power, water, garbage and recycling. Approximately $40,000 in FF&E is associated with the business; approximately $20,000 in inventory is additional to the asking price.</p><p> </p>
Market Competition and Expansion:
<p>This established boutique benefits from a distinctive market position as the community’s only dedicated flower shop, with no comparable florist nearby according to the seller. Its longstanding reputation, loyal local clientele, and limited direct competition provide a compelling foundation for continued success.</p><p>Significant opportunity to reintroduce wedding and event floral services, which the business has not actively pursued for several years. An incoming owner could also develop corporate accounts, recurring floral subscriptions, event partnerships and digital marketing to broaden<br></p><p> </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