Long Established Floral & Gift Shop Including Real Estate

Asking Price$475,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$424,236

Inventory$20,000
Not included in asking price
FF&E$76,122
Included in asking price
Real Estate$350,000
Included in asking price
listing imageSave

Long Established Floral & Gift Shop Including Real Estate


Asking Price$475,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$424,236

Inventory$20,000
Not included in asking price
FF&E$76,122
Included in asking price
Real Estate$350,000
Included in asking price
Business Description
Rare opportunity to acquire one of the top-rated floral businesses in the State of Minnesota. Delano Floral & Gifts has served the community since the year 2000 and is known as the premier source for stunning floral arrangements, plants, home décor and unique gift offerings. This business truly is one of Delano’s iconic brands and is consistently named Delano’s Best Florist! The service team prides itself on prompt, attentive care and establishing long-term relationships with all their clients. The team also provides consulting for weddings, funerals, and other special occasions. Customers may shop in the retail store during weekly retail business hours or place an order 24/7 via the business website. Purchase price includes everything a new owner-operator will need to continue this turnkey successful business: a long-standing name and reputation, loyal customer base, all furnishings, fixtures and equipment and the 3000 SF building valued at over $350,000. Inventory in stock as of closing date shall be negotiated in addition to purchase price. The new owner will have multiple opportunities to grow the business such as developing more corporate and funeral account relationships, increasing the online presence, adding more events and weddings, hosting workshops, classes and special group gatherings, expanding product lines and creating satellite stores in other locations. Owner will provide short term training and transition support to buyer. Reason for sale: Owner Retirement NDA required to access all confidential financial and operational information. Co-listing agent related to Seller.
About the Business
Years in Operation
26
Employees
6 (1 Full-time, 5 Part-time)
Facilities & Assets
The sale includes the real estate which features a well maintained 3210 SF building valued at over $350,000.
Website
https://www.delanofloral.com
Market Outlook / Competition
There is a Coborn's grocery store that sells flowers, but Delano Floral is the only specialized flower shop in Delano.
Opportunities for Growth
Host private and public events
More expansion into weddings & funeral markets Increase corporate accounts
Introduce workshops and classes (gardening, make-and-take events: florals, plants, sprucetip, porch pots, wreath making, etc.)
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,210
About the Sale
Seller Motivation
Retirement
Transition Support
Seller open to providing short term traning to Buyer.
Listing Info
ID
2534933
Listing Views
Business Location

Listing ID: 2534933 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. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
iSmash
$100,000iSmashFeatured Franchise