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Flower Shop Established 40 Years Absentee Owned

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

 Financials

Asking Price: $49,000
Cash Flow: $30,037
Revenue: Not Disclosed
Gross Income: $212,507
Inventory: $5,000 - Included in the Asking Price
FF&E $15,000 - Included in the Asking Price
Real Estate: Not Disclosed

 Business Details

This beautiful flower shop has been serving the local community for over 40 years. This business has excellent street front visibility, a gorgeous retail area, and a large workspace used for production and assembly, suitable for more than 3 designers, with access to the walk in cooler. The sale includes a full service website, setup to process orders through Teleflora and FTD. The business maintains a loyal customer base and has a reputation in the industry of providing quality and professional products and services.

Facilities:
The business currently operates from a 1,400 square foot facility with a below-market monthly lease of $2,300. The sale includes all the fixtures, a 2001 Ford Winstar Van, a large walk-in cooler, computer system, customer lists, vendor lists and relationships, and tools and equipment necessary to perform all functions of the business. The sale also includes the inventory on hand, consisting of flowers, vases, and gifts currently valued in excess of $5,000.

Financing:
None

Support:
2 weeks @ 20 hrs/wk

Competition:
Competition is considered medium in the area, however this shop is very established with a location that is highly visible.

Growth:
Many opportunities for growth exist. The current owners have invested very little into advertising. New owners could increase marketing to local businesses, hospitals, etc., as well as increase their presence in local yellow pages and directories.

 General Information

Reason Selling: Personal

Number of Employees: 3
Year Established: 1962

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