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Asking Price$170,000
Revenue$231,609 Established1955
Cash Flow$50,037 EmployeesUndisclosed
FF&E$25,000* FranchiseNo
Inventory$3,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is an attractive flower shop that will appeal to an individual who is either entrepreneurial, artistic or both as well as another florist looking to grow through acquisition.  The business is very well established and enjoys an excellent reputation.  It has a great location on a high traffic street and is close to several local hospitals, generating a steady stream of customers buying arrangements for patients.  Per the Seller, revenues and discretionary income have been consistent and provide a good base for a new owner.  This florist operates with a minimal number of employees, with two full time and one part time employees.  Inventory and furniture, fixtures and equipment are included in the asking price.Facilities:  The shop occupies +1,600 sq. ft., with approximately 1 year left on the existing lease.  The Seller has shared that the landlord is easy to work with and a new lease will be available to potential buyers.  The store is equipped with a walk-in refrigerated display case, work desks, retail display racks and various other furniture and office equipment.Competition:  The area is serviced by four (4) other retail florists in addition to grocery chains and box stores that retail flowers.  This store is known for high quality and service and has a great reputation.Growth & Expansion: While the business does very well as it is currently run, a new owner could consider several strategies to expand the business: attend bridal trade shows and partner with bridal consultants, solicit and partner with funeral directors, increase social media presence, etc.Support & Training: Seller will work and train a new owner as needed and reasonable.Reason for Selling: Pursue other business opportunities.For more information, please contact Greg Michail at (626)395-0717 or at gmichail@sunbeltnetwork.com.
Competition:The area is serviced by four (4) other retail florists in addition to grocery chains and box stores that retail flowers. This store is known for high quality and service and has a great reputation.
Growth Potential:While the business does very well as it is currently run, a new owner could consider several strategies to expand the business: attend bridal trade shows and partner with bridal consultants, solicit and partner with funeral directors, increase social media presence, etc.
Training/Support:Seller will work and train a new owner as needed and reasonable. 2 weeks at 20 hrs per week.
Sale Reason:Pursue other business opportunities
Ad #101901
Seller Reference #PASADCA001-N1774
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Gregory Michail
(626) 395-0717
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