CINCINNATI, Ohio
| Asking Price |
$610,000 |
Year Established |
2000 |
|
| Annual Revenue |
$1,125,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Dan Long |
|
| Annual Cash Flow |
$205,000 |
Listing Number |
995132 |
|
| # of Employees |
7 |
Business Category |
Retail: Florists, Gifts, Cards, Books |
|
Business Overview:
The retirement aged owner of this $1,125,000 revenue floral business has a wonderful assortment of businesses that are considered excellent customers including funeral homes, senior centers, schools, churches, government agencies, wealth management companies, and many corporate accounts. In addition, the company has been recognized for over 10 years as The Knot’s Best of Weddings.
Although the company provides a large inventory of fresh flowers for any occasion, the company also sells fruits baskets, snack baskets, gift baskets, wine, greeting cards, windchimes, pottery, candles, and much more.
The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:
SBA loan qualified
3 full – time designers
Much growth potential
No accounts receivable issues
Excellent floral industry software
2 fully – wrapped delivery vans included
Real estate is available to purchase from owner
Clean books and records – all numbers are verifiable
Price includes all inventory and equipment valued at $60,000
Property Features and Assets:
<p>The building is 4,000 square feet on 1.04 acres. The property is located in a robust business, commercial and retail trade area. The immediate area consists of a vibrant mix of retail, office, and other commercial uses – with a main anchor close by. The property is surrounded by a wide variety of local and national retailers and offers convenient access to several established neighborhoods, thereby providing a solid base of customers and retail traffic generators nearby.</p><p> </p>
Market Competition and Expansion:
<p>The floral industry is competitive, but this florist sets itself above the others with superior fresh plants and superior customer service. In addition to being recognized as The Knot’s Best of Weddings, they have also received the FTD Top 500 Store for Outstanding Service & Quality the last 3 years and the Teleflora Top 1000 Store for floral operations for the past 6 years.</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