Elegant Florist Shop Looking for New Ownership!

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Asking Price:
$50,000

Gross Revenue:
$97,222
Cash Flow:
$14,298
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$5,000
included in asking price

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Business Description

An elegant florist business with a long history and an excellent reputation in the community. The current owners have been in business since 1991 and are now looking to retire. The business is located in a busy strip center off a main road. Potential buyers will be pleasantly surprised at how clean and well maintained the show room and work areas are. If you are interested in owning your own florist business don't let this opportunity pass you by.

New Owners could increase sales by adjusting hours open and focusing on ditial advertising. The current owners close at 6pm during the week and are closed on Sunday. Keeping the store open on Sunday could generate an additional $15-20k sales per year.

There's a lot of potential in this store and some younger energy could drive this flower shop to new heights.

About the Business

Year Established:
1991
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
1,500
Lease Amount/Mo.:
$1,008.33
Facilities:
Located in a busy strip center off a main road. Includes prominent signage on the outside the building.

Located in a busy strip center off a main road. Includes prominent signage on the outside the building.
Market Outlook/
Competition:
Low competition in the surrounding area.
Growth & Expansion:
The current owners don't advertise much and rely on word of mouth referrals. New ownership could bring new life into the business and drive up sales with local marketing and increasing community involvement.
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1481807
Ad Detail Views:
1113

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Business Listed by

Douglas Sehr

Transworld Business Advisors of Clinton Township
License# 6501408184

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U.S. Census Data for Macomb County, MI
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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