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Business for Sale Summary

Floral Business Seeking Strategic Growth Partner - 26036

Business Type: entertainment,catering and event planning,green businesses,florists
Floral Business Seeking Strategic Growth Partner
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This business has received 39 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $420,000 Down Payment $420,000
Gross Revenues $505,166 Lease Remaining Register Free to View
Owner’s Cash Flow $278,392 Number of FT Employees Register Free to View

Financing

$420,000 Down and The asking price is for 50% of the business. The financials are for 100% of the business. Terms are negotiable for qualified buyers.

Business Description

This floral business has successfully serviced hundreds of weddings, corporate events, hotels, and weekly corporate and wealthy individual's home accounts since 2002. The still energetic 58 year old owner is open to taking on a 50/50 strategic growth partner to scale up his business. This partner should come with his or her own rolodex of potential new accounts and financial/accounting acumen to compliment the owner's many strengths. He literally has been in the floral business since the age of 8 and knows how to source product and design better than anyone else. That's why he is able to command such high profit margins. If you are interested in acquiring 100% of his business, he is willing to stay on under contract for 2-3 years to transition his clientele and pass on his know-how. Besides the owner, there are two other designers and a full-time driver. 80% of the business gets delivered. This is primarily a commercial rather than retail business, so don't be deceived by appearances when you do your walk-by. Please call listing broker Jay Goldman to make an appointment to meet with the owner. Be very discreet when visiting this shop as the employees and customers do not know it is for sale. Please contact the broker for further information at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.