MergerPlace

Boutique Gift and Floral Shop

Pennsylvania


  • Asking Price: $169,000
  • Gross Income: $332,474
  • Cash Flow: $39,108
  • Real Estate: Not Disclosed
  • Inventory: $100,000
  • FF&E: $59,812
  • Listing ID: #206085
  • Established: 1983
  • Employees: 1 FT / 6 PT

Business Description

Profitable, stable and long established business run by the same owner for 35 years. The business was chosen for eight consecutive years to decorate the residence of the Governor of Pennsylvania. Their products and services include custom designed fresh and artificial flower arrangements, ladies and children's clothing and accessories (jewelry), a wide variety and selection of quality unique gifts and home décor, as well as greeting cards. The store is easily accessed off a major interstate and located in a high traffic location. Inventory of $100,000 is included in the asking price.


Business Details

Primary Business Category: Retail Trade - Florists
Location: Pennsylvania

Company Information

Year Established: 1983
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT / 6 PT

Financial Information

Asking Price: $169,000
Gross Revenue: $332,474
Cash Flow: $39,108
FF&E: $59,812
Inventory: $100,000
Seller Financing Available: No

Property Information

Facilities:

The business is located in a very established high traffic strip mall and consists of 2540 square feet. In addition to the retail store space, there is a very nice sized and well laid out work area used primarily when assembling flower arrangements, gift baskets, etc. The store is extremely impressive when you walk into it. Merchandise is professionally displayed and arranged. It is evident from the moment you walk in that the owner/employees are creative and have a flair for style and design.

Growth & expansion opportunities:

Although the current owner of 35 years still is very passionate about her business and pleasing customers, the enthusiasm and renewed energy of a new owner could impact the stores growth in a positive fashion. The other area of potential growth would involve a concentrated effort regarding online sales.

Competition:

There is no known specific competitor in the entire market served by this fabulous unique store. As a result they have many repeat and referred customers that have been loyal for many of the 35 years the business has existed.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. This retail business sells custom designed fresh and artificial flower arrangements; ladies and children's clothing; accessories (jewelry etc); a wide variety and selection of quality unique gifts and home décor; as well as greeting cards. The staff is extremely friendly, helpful and quite attentive to each and every customer that comes through the door. The staff provides personalized service at a level that is practically unheard of these days. The owner is the current manager of the store and there are five part-time employees with the least amount of seniority being approximately five years and two of the employees have hit the twenty year mark. Customers walk out of the store feeling special and their purchase was customized specifically to meet their needs and either meets or in many cases exceeds their expectations.

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Business Listed By:

Jack Greenawalt

Murphy Business Brokers