New
Flower Shop Top Location
History
This flower shop is not only successful because it's been well-maintained and family owned and operated for many years, but it's also in an excellent location surrounded by many different shops, restaurants, and auto care services. They have a large customer base with repeat business and excellent referrals.
Neighboring Stores
The staff is friendly and attentive to the needs of their customers. They sell a large variety of green and blooming plants as well as fresh flowers. There are many reasons to stop in whether it's to pick up a quick gift, a card, or a ready-made flower arrangement. The staff is also known for having a good sense of color and style, and the bouquets have an artist's flair.
Potential for Growth
The shop does very well in volume. If a new owner would like to grow, they could cater to weddings since that avenue has not been fully utilized.
Social Media
Facebook, Instagram, Teleflora Member
The financials have been updated through June 2024. Please call Carol Bennett at 661-369-1516 if you have any questions.
"Customer service and working hard to impress our clients has been the key to our success."
Listed By: Carol Bennett
Background information
Reference:
55006
Year established:
1983
Reason selling:
Retirement
Finance
Sales:
$882,199
Profits:
$286,996
Profit type:
Discretionary Earnings
Operations
Employees:
2 Full Time 7 Part Time
Equipment:
Will be provided
Inventory:
Approx. $6,000 (based on 2023 balance sheet)
Furniture fixtures and equipment:
Cooler 11' 22' x 8' H, Display Case Cold Box Built 2013 $18K
Premises
Facility:
in popular strip mall
Square footage:
1,500
Rent and lease terms:
Rent $3,660 CAM $1,086.00
Location:
Central Valley
Opportunities
Growth:
Positive Key External Drivers: Consumer Spending E-commerce sales Number of deaths Marriage rate
Market:
The Industry: 64% provides arranged cut flowers 13.1% Unarranged flowers 13.1% potted plants 9.8% giftware & other
Price and terms
Price:
$595,000
Down payment:
$125,000
Financing:
Pending SBA Approval
Training:
Yes, 20 hours per week for 4 weeks