Florist Shop - 20441 Business Type: florists,misc. retail/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $336,000 | Down Payment | $186,000 |
| Gross Revenues | $588,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $353,570 | Number of FT Employees | Register Free to View |
Financing
$186,000 Down and $150k at 7% for 120 months.
Business Description
This florist shop has been in this neighborhood for over 30 years. It is well known by the community and is well recognized by the locals. Tremendous phone in order business. Walk-in business is plentiful. Extremely busy neighborhood with large pedestrian traffic. Rent is reasonable and the owner of the shop owns the building too. This is a turnkey operation with a client base of over 10,000 customers. They do not rely on internet sales at all so this represents a great opportunity to increase sales dramatically. Due to their presence in the neighborhood they rely on word of mouth for advertising. Shop is not too large about 400 square feet but it does have a basement. They do over $600k per year in sales and with some promotion and internet presence could do substantially more.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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