New
Flower Shop Top Location
History
This flower shop has been in business for over 40 years and is family owned and operated. From inception, the current owners have been successful to triple their revenue. They have a large customer base with repeat business and excellent referrals.
Neighboring Stores Outreach
It has been their experience of being good listeners to their client's needs that has made them tremendously lucrative in this creative industry. They also cater to storefronts where people walk by, such as strip mall locations. They sell a large variety of green and blooming plants, and they are also popular for offering an extended amount of giftware. This makes the customer’s experience more inviting and adds warmth to their shopping experience. As a result, this keeps clients coming back to the store.
Potential for Growth
Since the shop has done so well in volume, weddings are not their main focus, so this is a huge area for potential growth!
Social Media
Facebook, Instagram, Teleflora Member
"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:
$266,996
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:
$625,000
Down payment:
$125,000
Financing:
Pending SBA Approval
Training:
Yes, 20 hours per week for 4 weeks