Profitable Florist with 5 Decades of History
North CarolinaListing DetailsOffice ID: FLORIST7
Listing Broker: Joe Vagnone
Listing Price: $140,000
Gross Revenue: $337,512
Cash Flow: $64,203
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will consider some financing to the right, qualified buyer.
Reason for Sale:Seller desires to move out of state.
Training:Seller will stay to consult and advise a new owner - length of time is negotiable.
OperationsYear Established: 1968
Last Acquired: 2017
Form of Ownership: LLC
Employees (full-time): 3
Employees (part-time): 3
Business Hours: 9 am – 5 pm Monday – Friday, 9 am – 12 pm Saturday, Closed Sunday.
Business Description:For almost 60 years, the residents of Iredell County have come to rely on the exceptional service and superb quality that this local florist always delivers. Still located in its original building, this florist’s premium, central location is adjacent to retailers including a grocery store and several other shops, and enjoys a close proximity to all area funeral homes and hospitals. This turnkey business boasts a beautiful retail show floor, a workshop area, and very nice and well-maintained equipment. Highlights include: · More than 5 decades serving Iredell and surrounding areas · Great brand name recognition · Great reputation and great public reviews · Premium location in one of the area’s busiest traffic areas · Great looking and well-maintained website that handles online ordering · Is a Bloomnet and Telafloral provider If you are looking to own an established, high volume floral shop in a growing area, and enjoy creativity and design, this is the opportunity you have been looking for - inquire today!
Historical Summary:Established area florist for 58 years, purchased by the current owner in 2017.
Owner Qualifications:Bookkeeping, customer service, time management, employee management, floral design skills. Employees must be able to perform all tasks related to the business.
Competition:With many competitors in the area, this business distinguishes itself with superior quality and customer service.
Potential Growth:The potential for further growth is limited only to the creativity of a new owner.
LocationType of Location: Stand Alone
Monthly Rent: $850
Square Footage: 800
This floral shop is centrally located in a stand-alone building, and has been at this same location since opening for business in 1968. This facility is adjacent to retailers including a grocery store and several other shops, and enjoys a close proximity to all area funeral homes and hospitals.
Last Updated: Oct 15, 2020 / 2:31 PM
Financial Information Current As Of: Jan 15, 2020 / 2:29 PM