MergerPlace

Florist/Gift Shop: Long Established

Elmira, New York (Chemung)


  • Asking Price: $275,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: $125,000
  • Inventory: $7,000
  • FF&E: $25,000
  • Listing ID: #205728
  • Established: 1984
  • Employees: 7 PT

Business Description

~Flower shop and unique new age gift shop (2 stores in one)
~Very busy, profitable and well-established
~3 bedroom upstairs apartment provides additional income
~Prime corner location on a high traffic street
~Sale to include a beautiful 2014 delivery van
~Large finished basement provides lots of storage space
~The dedicated staff has given the business a great reputation over the years
~The store has master designer status with FTD
~Very large and loyal customer base
Note: Business also available without real estate @ $150,000 with $50,000 down.


Business Details

Primary Business Category: Retail Trade - Florists
Location: New York
Metropolitan Area: Elmira
County: Chemung

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 PT

Financial Information

Asking Price: $275,000
FF&E: $25,000
Inventory: $7,000
Real Estate: $125,000
Seller Financing Available: Yes

Property Information

Facilities:

~Excellent condition ~Plenty of parking ~2,519 sq. ft. store ~1,072 sq. ft. upstairs apartment

Growth & expansion opportunities:

~The web site should be upgraded with better positioning on search engines. ~Suggest create a web site for the purpose of gifts. ~The wedding business can be increased by connecting with brides and wedding venues.

Competition:

There are other flower shops in the area, but this one enjoys a large and very loyal customer base.

Reason for selling:

The seller is relocating out of the area.

Support & Training:

The seller will provide 4 weeks of training to assure a smooth transition.

Contact Business Seller

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Business Listed By:

Dave Bradia

Klassen Ingalls