Wedding Florist - Can be run Owner Absentee
| Asking Price: | $249,000 | Inventory: | $10,000 ++ |
| Gross Revenue: | $500,746 (comments below) | Real Estate: | n/a |
| Cash Flow: | $152,286 (comments below) | FF&E: | $52,500 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 Tax Return | |||
| Cash Flow Comments: 2008 Tax Return | |||
Awarded the "Best of Wedding Florist" in 2007, this beautiful flower shop is one of the premiere flower shops in San Diego and specializes in Weddings. It boasts an excellent 30+ year history, however, the current owners, who have had it for 3 years, are planning to move out of the country and must sell it. The retail shop is located across the street from a major hospital, however over 70% of the business’ revenues come from the wedding sector and some other key accounts. These accounts include; the Naval Base, a variety of Golf Courses, Country Clubs as well as other corporate accounts, such as Wal-Mart, Qualcomm and some other large businesses.
About the Business
Year Established:1979
Employees:5 part time
Facilities:The shop operates out of 2,400 square feet in a very busy strip mall across from a hospital. The transaction includes all fixtures, 3 coolers (both walk-in and display), computer system, and two fairly new vans.
Market Outlook and Competition:Marketing efforts include; Attendance at the Wedding Trade Shows, as well as advertising in the local Wedding Magazines, such as, San Diego Style Weddings, Bridal Bazaar and The San Diego Bride and Groom. They also advertise in the Local Naval Base Magazine. Most of their business comes from word-of-mouth and referrals.
About the Sale
Management Training and Support:2 weeks
Reason For Selling:Moving out of Country.
KEYWORDS: Awarded the "Best of Wedding Florist" in 2007, this beautiful flower shop is one of the premiere flower shops in San Diego and specializes in Weddings. It boasts an excellent 30+ year history, however, the current owners, who have had it for 3 years, are planning to move out of the country and must sell it. The retail shop is located across the street from a major hospital, however over 70% of the business’ revenues come from the wedding sector and some other key accounts. These accounts include; the Naval Base, a variety of Golf Courses, Country Clubs as well as other corporate accounts, such as Wal-Mart, Qualcomm and some other large businesses.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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