Wedding & Event Florist In Collin County

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Asking Price:
$75,000

Gross Revenue:
$289,813
Cash Flow:
$60,138
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

REDUCED AGGRESSIVELY FOR QUICK SALE - This 5 Star rated Wedding & Event Florist specializes in creating grand floral atmospheres for weddings, parties and Corporate events. The revenue is further supplemented by Corporate Floral Subscription accounts, better defined as office building, office suites and hotels that contract fresh floral arrangements each week and/or during the holidays. The benefit for specializing in providing the weddings & special events with floral designs & arrangements is there is virtually no waste that you would otherwise have in a retail florist business. Another benefit is you are not competing with the grocery chain florists who has grown their market share by offering less expensive options for the consumer purchasing a bouquet of flowers for their home, family member or friend. Lastly there is an advantage for this business model with the flexible hours that you can be open as the hours could be tailored to the consultative appointment schedule and the work flow as opposed to being shackled by normal retail operating hours.
The average sale for a wedding ranges around from $4,000 to $6,000. There are many opportunities to grow the business by adding venue relationships and aggressively marketing the business through wedding trade shows. The owner has a growing young family and may not be able to devote time to the business as she has done in the past. For more information on this great opportunity, please submit an inquiry of interest on this website or email Jeff at jeffg@vrdallas.com

About the Business

Location:
Collin County, Texas
Year Established:
2014
Facilities:
Located in a highly desirable city in Collin County TX, space has an area for an office, a meeting area and a design workspace. Very reasonable rent.
Market Outlook/
Competition:
Certainly there is competition but since this business focuses on the wedding & special event segment, few can compete with their expertise & service level.
Growth & Expansion:
One can grow the business by spending more time marketing the business to venues and the trade.
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About the Sale

Reason For Selling:
Family is growing which may detract from the business
Training/Support:
Willing to assist in transitioning the business successfully. Anything desired beyond 30 days can be negotiated.

Listing Info

ID:
1622292
Ad Detail Views:
0

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$
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Business Listed by

Jeff Goldblatt

VR Business Brokers

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Sponsoring Broker:

Larry Lane
VR Business Brokers


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