Great Floral & Gift Business, Long Established with $85K Cash Flow

Location: Arizona, United States
Category: Retail
Type: Established

Financials

Asking Price: $230,000
Cash flow: $84,589
Revenue: Not Disclosed
Gross Income: $519,138
Inventory: $20,000 - Included in the Asking Price
FF&E $69,400 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

Beautiful, well-established floral & gift shop in great North Valley location. This business has enjoyed excellent sales and profits for many years and has earned a reputation for quality and service. Loyal, capable staff in place including Manager. Good balance of weddings & events, floral catering, walk-ins and wires. Approximately 1,000 excellent accounts. Well maintained, beautifully signed delivery van is included in sale. Teleflora wire service, P.O.S. system, very effective, successful web site. Excellent cost of goods at only 29%. Call now for more details on this wonderful opportunity as we enter the busiest floral season of the year.

The 1,510 sf facility is located in busy, grocery-anchored center with excellent parking. The lease runs through January 2012 with a 5-year renewal option, with current rent at $2,843 per month NNN complete. Security deposit is $2,517.

$150,000 Down with $80,000 Balance over 3 years @ $2,544/mo @ 9%

The Seller will provide two weeks of training and familiarization to the Buyer at no cost.

General Information

Reason Selling: Seller is assisting husband in expansion of new business.

Number of Employees: 3
Year Established: 1996