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Business for Sale Summary

Fantastic Florist w/ Great Books - 34712

Business Type: gift and specialty retail,gift basket companies,misc. agriculture,misc. retail/non-classifiable,misc. service/non-classifiable,other business services,other personal services,florists
Fantastic Florist w/ Great Books
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This business has received 183 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $349,000 Down Payment $349,000
Gross Revenues $833,790 Lease Remaining Register Free to View
Owner’s Cash Flow $232,953 Number of FT Employees Register Free to View

Financing

$349,000 Down and None.

Business Description

Fantastic Florist w/ Great Books. Major Price Reduction! Only open 6 days per week. You do not have to be a florist or floral designer to buy this, but experience would be a plus. The current owner had no previous background when starting up. There will be some staff in place post sale and the owner will stay on for a thorough training and transition. This is the best florist listing I have seen this year! Since 1985, this business has been offering high quality product and service to all clients, retail and commercial. They are in a prime location with ample parking and a fantastic 15 year lease for a 1,950 sf space with a rent of $5,458/mth (incl tax and CAM). Sales were approximately $892K in 2019, they dipped in 2020 due to Covid, but bounced back to healthy gross of $833,790.00 in 2021. Owner's cash flow was approx. $232,953. In 2021. That is after paying a full staff of 5 PT employees (including three floral designers and 2 drivers). The business is fully equipped with the largest walk-in cooler I have ever seen and a delivery van. The space can support gross revenue of $2mil. or more. There are many additional sources of revenue that have not been re-established since Covid such as wedding business. This business has a very honest and straightforward seller who has built a strong foundation to be further built upon. We are seeking a serious and financially qualified buyer with at least $349K in liquid funds to cover the asking price and inventory. Proof of funds will be requested before the name and address will be released. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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.