Asking Price: $99,995 Gross Revenue: $185,494Cash Flow: $61,093 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 not included in asking priceFF&E: $4,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Excellent opportunity to own an established and well-known florist that has been serving Northern Virginia for over two decades! The florist was established in the early 1990s and is situated on a prominent thoroughfare with high street visibility in Fairfax County. The shop offers a wide variety of floral arrangements, gift baskets, fine chocolates, cards, dolls, and other related items. The business also offers FREE same day delivery, which makes their operation stand out in the market with hundreds of long-standing and repeat customers. The owner and team of designers have built a respected business with strong brand recognition and reputation in the area.
The shop provides beautiful arrangements for weddings, holidays, and special events and has many corporate customers, including hotels and offices. The business also prides themselves on offering a selection of affordable arrangements and designs to cater to multiple market segments. There are existing relationships with vendors and referral partners which makes this is a great opportunity for an experienced entrepreneur or first-time business owner. Mother’s Day and the wedding season is just around the corner, so don’t let this opportunity slip away and start immediately making money with this one of a kind, turn-key business!
About the Business
Number of Employees:
Building Sq. Ft.:
$2,600.00 Per Month
The 1400 sq ft space is leased for approx. $2600/mo. and is located on a main Fairfax County thoroughfare with high street visibility between two funeral homes within a few miles each way. There is a good mix of nearby commercial and residential areas along with hospitals and countless office buildings.
There is standard competition for the industry in the area with a couple competitors within a few miles of the shop, but the customers definitely prefer the unique arrangements, fresh flowers, and value offered by this florist which has helped it remain the go-to local florist in the area!
Growth & Expansion:
There is significant room for growth and expansion as the business does not currently engage in any marketing/advertising and relies almost exclusively on repeat, referral and walk-in business. A new owner could easily expand the customer base by initiating marketing programs to build up corporate accounts, do more weddings and events, and create more general awareness about the shop.
Established & Well-Known Florist in a Growing Market
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