MergerPlace

Deluxe Flower Shop

North Carolina (Mecklenburg)


  • Asking Price: $450,000
  • Gross Income: $500,930
  • Cash Flow: $186,223
  • Real Estate: Not Disclosed
  • Inventory: $45,950
  • FF&E: $26,300
  • Listing ID: #224591
  • Established: 1995
  • Employees: 11

Business Description

This thriving retail florist is in the established and growing city of Charlotte. The business has a strong team of experienced designers, sales, and delivery staff supporting a profitable customer base. This is a great business with many opportunities. Clean books, procedures, and systems in place for new owners. They deliver flowers of superior quality and value with exceptional customer service. This retail shop has been serving the Charlotte region for over 25 years with customer satisfaction.


Business Details

Primary Business Category: Retail Trade - Florists
Location: North Carolina
County: Mecklenburg

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 11

Financial Information

Asking Price: $450,000
Gross Revenue: $500,930
Cash Flow: $186,223
FF&E: $26,300
Inventory: $45,950
Seller Financing Available: No

Property Information

Facilities:

Located close to town with a large display cooler. Very large work area comfortably accommodating additional designers and staff for busy holidays as well as significant floral cooler storage space needed for efficient running of the business (recent downgrades). Owners have made major investments in modernizing the business through modifying cooler for efficient utilization, delivery service strategy, website & internet presence, operational procedures and efficiency which have resulted in higher profit margins and business strengths.

Growth & expansion opportunities:

Plenty of growth opportunities for new owners as current owners have not made any real effort to tackle the substantial wedding or events markets and local businesses. More opportunities to be had with expanding corporate clients.

Support & Training:

Owner will support the new owners with four weeks of their time to help transition. Owner has produced extensive documentation and efficiency that make the running of the business significantly easier for new owners. Owner is willing to provide additional time/training if necessary to new owners (up to 6 months) to help them succeed at the business.

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Business Listed By:

Michael Norman

Carolina Business Associates LLC