MergerPlace

Coastal Oregon Lifestyle Business

Cannon Beach, Oregon


  • Asking Price: $131,900
  • Gross Income: $258,900
  • Cash Flow: $41,700
  • Real Estate: Not Disclosed
  • Inventory: $19,500
  • FF&E: $28,920
  • Listing ID: #210171
  • Established: 1997
  • Employees: Varies depending on season - between 1 - 3

Business Description

Turn your business dreams into a lifestyle, and own an established successful retail shop – all while enjoying one of the most scenic coastal regions the country. This custom-designed turnkey shop is located on the picturesque northern Oregon Coast. Now in its 22nd year, this cute retail shop is a full service florist, gift shop, and espresso bar. The terrific 1300+ sq. ft. of shop space is in a premium location on the main thoroughfare, one block from the beach.

The store was established by the current owner in 1997 in this charming bustling beach community. The shop is well established in the area and has maintained a consistent positive yearly cash flow. With annual sales in excess of $250,000 - this shop is a very well managed, stable business opportunity, with many future possibilities for additional growth.

Owner is selling due to retirement. Training is offered by the seller to ensure a smooth transition.

This business for sale is represented by Columbia North Business Network. Our NDA (Non-Disclosure Agreement) is required prior to releasing additional information about this business. Visit our home page – www.cnbnbiz.com for access to our NDA.


Business Details

Primary Business Category: Retail Trade - Florists
Location: Oregon
Metropolitan Area: Cannon Beach

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: Varies depending on season - between 1 - 3

Financial Information

Asking Price: $131,900
Gross Revenue: $258,900
Cash Flow: $41,700
FF&E: $28,920
Inventory: $19,500
Seller Financing Available: Yes

Property Information

Facilities:

Over 1300 sq. ft. of prime retail space a block from the beach in premium tourist destination.

Growth & expansion opportunities:

Several unaddressed marketing sectors have been identified for the floral aspect of the business. Also, the shop is licensed as a restaurant, so it could expand espresso bar to include baked goods. There are opportunities with increase web and social media exposure.

Competition:

There is very little local competition for the florist portion of the business.

Reason for selling:

Retirement

Support & Training:

Seller offers 4 weeks of training at 20 hours per week. In addition, the seller offers to attend one gift/buyer show (Las Vegas) as consultant, as well as working first major holiday (Valentine's Day or Mother's Day).

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Mark Krowiak

Columbia North Business Network, LLC