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Business for Sale

Floral Business for Sale in Manhattan
New York County, NY

Listing #26036

   
Financial Information (non-confidential)
Asking Price $437,500.00 Gross Revenues $750,000.00
Down Payment $437,500.00 Owner’s Cash Flow $350,000.00

Financing: $437,500.00 Down and The asking price is for a 50% stake in the business. The cash flow represented is for 100% of the business.

Reason for Selling:The owner is willing to take on a 50/50 value-added growth partner or sell 100% of his business and stay on for transitional support & training.

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 now 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 is for 100% of the business. The owner has been in the floral business over 50 years (since the age of 8) and knows how to source product and design as well. 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. This is primarily a commercial rather than retail business, so don't be deceived by appearances when you go by. Please do not speak with the employees or customers about the business being for sale should you walk in, nor ask to speak with the owner. Instead, kindly call the listing broker, Jay Goldman, to make an appointment to meet with him to get a full tour of the facilities. 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.

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.
Jay Goldman
Senior Business Broker
917-912-3282
jaygoldman@vestedbb.com
Servicing Area:
New York County, NY
Kings County, NY
Queens County, NY
Bronx County, NY
Westchester County, NY
Nassau County, NY
All of NJ
All of CT
Jay Goldman

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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