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Business for Sale Summary

Growing Florist with High Margins - 31668

Business Type: absentee business,agricultural supplies,misc. retail/non-classifiable,misc. servicel/non-classifiable,other business services,seller financing available,florists
Owner Financing
Growing Florist with High Margins
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This business has received 86 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $350,000
Gross Revenues $900,000 Lease Remaining Register Free to View
Owner’s Cash Flow $450,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $200K over 3 yrs. @ 6%,

Business Description

Growing Florist with high margins in busy Brooklyn area. This business has been on an upward trend since it opened a few years ago. Sales actually increased in 2020. In fact, they just moved to larger 1200 sq. ft. space with very low overhead. The rent is only $2,600/mth. with 8 years remaining on the current lease. They work primarily with schools, funeral homes and churches in the area. 2020 sales were $900,000.00 (35% online sales, 15% retail walk-in and 50% contract funeral work) with a cash flow of $450,000.00. No Teleflora or FTD. It is ideal for a floral designer who wants a business that is in the green. A new owner can re-capture a good portion of the cost of this business if purchased in time for the upcoming holidays. Demand should only grow as the 2020 recovery continues. There are 4 F/T employees. An owner can be present if he/she chooses, but this business is automated and the employees are willing to stay with new owner after transition. A new owner does not need to have floral experience, but should come weekly to keep up to date with inventory and collect money in the register. This business is 80% credit card and check transactions. This business is rated 5 stars with over 100 Google reviews. The owner is offering 60 days of training to a buyer. We are seeking a serious and financially qualified buyer with at least $350K in liquid funds. Proof of funds shall be requested prior to a buyer-seller meeting. To learn more, please call, text or email Mel Vaz today at 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.