Large Single Location Florist

Summary Information

Price:
Total Sales:

FF&E:
Inventory:

Listing Status:

$450,000

$171,000

$147,500
$100,000

Sold

Summary

Description:

This family owned profitable single location fresh flower shop provides a full range of floral products, gifts and services for weddings, anniversary's, birthdays, valentine's day, mothers day, events, special occasions, funerals and holidays. Same day delivery is available in Raleigh and surrounding areas. The business includes an extensive amount of codified* and non-codified inventory including vases, glassware, gifts, gourmet and fruit baskets, gift baskets, greeting cards, balloons, rental displays, silk arrangements, candles, ribbon, plants, tropicals, and dried floral arrangements.

As it operates today the business has acquired approximately ten area florists representing over 30 years of experience and serves over 30,000 clients.

The business owns a fleet of vans that has been well maintained. Employee count fluctuates somewhat based on season.

The business accepts VISA, Mastercard, Discover and AMEX and offers a 100% satisfaction guarantee.

Financial information is for calendar 2015. INVENTORY IS NOT INCLUDED IN THE ASKING PRICE. Inventory as of the day of closing will be added to the purchase price. Annual Net Profit/Owner Benefit/Seller Discretionary Cash Flow has been calculated by adding the taxable net profit for the year, loan repayments to owner, non-business expenses and investment to acquire additional floral businesses assets.

* Codified inventory is inventory that is purchased specifically for products fulfilled for wire services to insure that the product ordered online matches the product that is delivered to the customer.

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Price: $450,000
Total Sales: $171,000

FF&E: $147,500
Inventory: $100,000

Listing Status: Sold

Summary

Description:

This family owned profitable single location fresh flower shop provides a full range of floral products, gifts and services for weddings, anniversary's, birthdays, valentine's day, mothers day, events, special occasions, funerals and holidays. Same day delivery is available in Raleigh and surrounding areas. The business includes an extensive amount of codified* and non-codified inventory including vases, glassware, gifts, gourmet and fruit baskets, gift baskets, greeting cards, balloons, rental displays, silk arrangements, candles, ribbon, plants, tropicals, and dried floral arrangements.

As it operates today the business has acquired approximately ten area florists representing over 30 years of experience and serves over 30,000 clients.

The business owns a fleet of vans that has been well maintained. Employee count fluctuates somewhat based on season.

The business accepts VISA, Mastercard, Discover and AMEX and offers a 100% satisfaction guarantee.

Financial information is for calendar 2015. INVENTORY IS NOT INCLUDED IN THE ASKING PRICE. Inventory as of the day of closing will be added to the purchase price. Annual Net Profit/Owner Benefit/Seller Discretionary Cash Flow has been calculated by adding the taxable net profit for the year, loan repayments to owner, non-business expenses and investment to acquire additional floral businesses assets.

* Codified inventory is inventory that is purchased specifically for products fulfilled for wire services to insure that the product ordered online matches the product that is delivered to the customer.

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607