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Asking Price$437,500
Revenue$750,000 Established2000
Cash Flow$350,000 Employees3 full-time
FF&E$20,000 FranchiseNo
Inventory$3,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 26036

Since 2002, this floral business has successfully serviced boutique hotels, corporate offices, wealthy individuals' homes, weddings, bar/bat mitzvahs,and corporate events.. The owner is open to taking on a 50/50 value-added growth partner to scale up the business further and to prepare for his eventual retirement. Alternatively, he would consider selling it outright and staying on for a year or two to provide all the transitional support and training you'll need to run it successfully on your own. A partner should come with his or her own rolodex of potential new accounts and financial/ accounting acumen to compliment the owner's many strengths. Please note that the asking price is for a 50% stake in the business. The cash flow represented here is for 100% of the business and is based on how it operated before the Covid-19 pandemic slowdown. The owner has been in the floral business for 50 plus years (since he was 8 years old) and knows how to source product and design as well as anyone. That's why he is able to command such high profit margins. Besides the owner, there are three other loyal full-time employees: one who designs and does set ups, another who does social media and is learning to design, and the third, who drives and delivers. Over 90% of sales are by check or on credit cards and are, therefore, easily verifiable. Historically this business has primarily been a commercial one. However, during and in the early stages of coming out of the pandemic, he brilliantly shifted his focus to wholesale and retail to stay afloat. That will significantly add to the commercial accounts, which are now coming back. Please do not speak with any of the employees or customers when visiting the location, as they do not know it's for sale. Instead, kindly call the listing broker, Jay Goldman, to make an appointment to meet with the seller to get a full tour of the facilities and ask some questions. Mr. Goldman can be reached at jaygoldman@vestedbb.com. If you are new to Vested, please at least become a free registered buyer under listing 26036 at www.vestedbb.com. in order to obtain the name & address of the business, upgrade to premium membership right away.

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Training/Support:Seller will train
Seller Financing:437,500.00 Down & The asking price is for a 50% stake in the business. The cash flow represented is
Sale Reason:The owner is willing to take on a 50/50 value-added growth partner or sell 100% of his business and
Ad #129677
Seller Reference #26036
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