"Updated Cash Flow" One of Lincolns Oldest Florists

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Asking Price:
$165,000

Gross Revenue:
$268,056
Cash Flow:
$86,418
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$6,000
included in asking price

FF&E:
$7,200
included in asking price

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Business Description

Over 10 Decades of business. Thats what you have behind you when you purchase this florist. Most flower shops come and go, 3 years here, 5 years there, but not this one.

With that being said this business is a very easy to get into business for anyone with the creative and decorative skills needed to run it. Owner is willing to stay on for a while to help train, and than continue to help out on custom commercial orders as needed to make sure you keep the many commercial and institutional clients that they have.

Heres the kicker. You want to increase the cash flow from day one? Extend your open hours. Owner was slowing down and decided to shorten his store hours and cut back on doing weddings.

About the Business

Location:
Lincoln, Nebraska
Number of Employees:
2+1 owner
Real Estate:
Leased
Building Sq. Ft.:
625
Rent:
$1.50 Per Month
Facilities:
625 sf studio keeps the overhead down.
Market Outlook/
Competition:
When you talk about a business this old with this many established business clients there really is no competition.
Growth & Expansion:
Become more active, Needs an enthusiastic aggressive owner to move it back up the chain.
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About the Sale

Reason For Selling:
Other business interests and retirment
Training/Support:
Owner will do 4 weeks of training during the transition and will help with some of the special commercial projects until a new owner is comfortable with the clients.
Seller Financing:
Negotiable

Listing Info

ID:
1448463
Ad Detail Views:
658

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Business Listed by

Jethro Hopkins

No Coast Business Advisors
License# 20160012

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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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