High End Floral Design Business

High End Floral Design Business

High End Floral Design Business

LISTING DETAILS

Listing ID: 3423

Type of Sale: Asset
MLS Code: Exclusive
Industry: Retail - Stores
Reason for Sale: Retiring
Training & Support: Yes. 6 mths - 1 yr
Asking Price: $260,000

ASKING PRICE
$260,000
DESCRIPTION

For over 40 years this company has been providing outstanding products with the highest quality and design. They provide floral arrangements for all occasions and offer quick, reliable one day delivery. Selling flowers online for the last 15 years has ramped up sales with the easy to navigate website. Quality, creativity, and reliability are the contributing factors to the business' success. That coupled with little competition, loyal clients, and longstanding contracts. Most customers have been with them since the beginning. The store also enjoys a 10 year old contract with a large hotel chain that provides all public area flowers on a weekly basis. Amazing downtown location with numerous upcoming condos and infrastructure with plenty of opportunities to expand the walk-in market. Great brand recognition, personalized service, and high profit margins with little waste, what's there not to love? Seller is retiring and wants to hand over the business to the right buyer. Listing ID: 3423

COMPANY INFORMATION

Year Established: 1980

Franchise: No
Square Footage: 1,200 sq ft

Monthly Rent: $5,000 pm (incl TMI) + HST

FINANCIAL INFORMATION

Gross Revenue: $543,000
SDE: $149,000

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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