MergerPlace

Profitable Floral & Gift Shop for Sale

South Dakota


  • Asking Price: $269,000
  • Gross Income: $235,815
  • Cash Flow: $70,647
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: $25,000
  • Listing ID: #217646
  • Established: 1995
  • Employees: 2 FT / 4 PT

Business Description

Over the last several decades, this business has become a staple of the community and downtown. In addition to floral products and services, the business offers gift items, home decor and event rental equipment.


Business Details

Primary Business Category: Retail Trade - Florists
Location: South Dakota

Company Information

Year Established: 1995
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT / 4 PT

Financial Information

Asking Price: $269,000
Gross Revenue: $235,815
Cash Flow: $70,647
FF&E: $25,000
Inventory: $30,000
Seller Financing Available: No

Property Information

Facilities:

The business in a bustling downtown, with good visibility and ample parking. A stand alone structure, the business occupies a large retail area, with plenty of storage in the basement. The business owner owns the real estate and it is included in the asking price.

Growth & expansion opportunities:

As with any business, improvements and growth exist. A new owner will want to consider the existing on-line platform, product and gift mix, as well as ramping up event rentals. The business has a great location, name and customer base from which to springboard.

Competition:

Some direct competition exists, but over the last couple of decades, this business has built a solid customer base and excellent reputation.

Reason for selling:

After two plus decades, owner is looking to retire.

Support & Training:

Will train for 3 weeks @ no cost Outside of the typical state and federal business licenses, no special licenses are needed to operate the business. The skills necessary are in place already with a staff that has been with the business for some time.

Contact Business Seller

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Business Listed By:

Rey Gonzales

Murphy Business Brokers