MergerPlace

Flower Shop - Established Over 30 Years

California (San Joaquin)


  • Asking Price: $160,000
  • Gross Income: $630,694
  • Cash Flow: $36,597
  • Real Estate: Not Disclosed
  • Inventory: $65,000
  • FF&E: Not Disclosed
  • Listing ID: #199989
  • Established: 1950
  • Employees: 1 FT/9 PT

Business Description

The Company has been established for almost 60 years. It has earned numerous "Best Florist" awards. The Company works with FTD and Teleflora and a majority of sales come from their website and phone orders. Asking price includes $65,000 of inventory.

The seller has owned the store for over 30 years and is ready to retire. The staff is very knowledgeable and experienced and can help run the business. A majority of the staff has worked for the Company for at least 13 years.

The seller will help train the buyer. You could be the one to carry the torch for this city institution! Buyer must sign NDA.


Business Details

Primary Business Category: Retail Trade - Florists
Location: California
County: San Joaquin

Company Information

Year Established: 1950
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/9 PT

Financial Information

Asking Price: $160,000
Gross Revenue: $630,694
Cash Flow: $36,597
Inventory: $65,000
Seller Financing Available: No

Property Information

Facilities:

Located in a strip center on a high-traffic street. The suite is 2,000 square feet, including a 300 square feet walk-in refrigeration room. Buyer will likely need to negotiate a new lease.

Growth & expansion opportunities:

The buyer can target new opportunities: weddings, contracts, funerals. The delivery radius can be expanded. Pursue the low-end market.

Competition:

Big box stores florists (supermarkets) have cut into the basic, low-end flower sales.

Reason for selling:

The seller has owned the store for 32 years and is ready to retire.

Support & Training:

Will train for 2 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Jerry Tsai

Murphy Business Brokers