Floral Business for Sale in Manhattan - 26036

Financing

$437,500 Down and The asking price is for a 50% stake in the business. The cash flow represented is for 100% of the business.

Business Description

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.

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.