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Universal City Flower Shop

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

 Financials

Asking Price: $40,000
Cash Flow: $20,000
Revenue: Not Disclosed
Gross Income: $84,571
Inventory: $2,000 - Included in the Asking Price
FF&E $40,000 - Included in the Asking Price
Real Estate: Not Disclosed

 Business Details

This business is perfectly located between the valley and Los Angeles. The interior has recently been remodeled with new tile floors, granite countertops, and new equipment. Revenues have been increasing significantly since the new owner has made the improvements, but must sell due to health concerns. Act quickly to take advantage of this wonderful opportunity.

Facilities:
This business is located in a quaint shopping center off of a major boulevard. The facility is 750 square feet with a monthly lease of $2,375, for an average of $3.17 per square foot. The lease is good through September 2010 and has an option to extend of 5 additional years. The facility is in excellent condition, as the seller has recently installed new tile floors, granite countertops, and made other improvements well in excess of $70,000.

Financing:
Seller will consider

Support:
Seller will train for 1 week at 20 hours.

Competition:
Conveniently located between Los Angeles and the valley, this business can easily service Studio City, Universal City, Burbank, Hollywood, Beverly Hills, and Glendale, among others.

Growth:
Many opportunities for growth exist. At present the business does not market to the local community at all. Revenues could be significantly enhanced through direct mail advertising and specific marketing to local businesses, studios, and residences.

 General Information

Reason Selling: Personal

Number of Employees: 3
Year Established: 2000

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