Profitable & Turnkey Florist/Gift Shop.

pbb-sign-florist-sold

Asking Price:

$191,000

Revenue:

$240,000

Cash Flow:

$73,500

Company Overview

NW Florida

This Flower Shop has been experiencing constant growth and is up 40% for 2021 over their pre-COVID sales in 2019. Located in beautiful Santa Rosa County, Florida which is one of the fastest-growing areas in the state. Since the existing owners took over in 2016, the sales have increased by over 260% and now operate with twice the space and employees. The larger location exhibits a high-end décor with a third of the space dedicated to a lady’s boutique and gift shop. There are many add-on sales opportunities such as pamper products and jewelry to compliment the flower sale. Many customers also come in just to shop the clothes and leave with a bouquet of flowers. The business phone number has been in use as a florist number for over 20 years. The current owners inherited many house accounts which they have more than doubled in number including churches, a utility company, schools, commercial businesses, funeral homes, and many more. They have established a large repeat clientele and referral network acquired through superior customer service and top-notch quality designs. This is a full-service florist that creates beautiful arrangements for weddings, funerals, special events, and all occasions. The business comes with two floral display coolers; a walk-in cooler; over twenty display shelving racks; an elegantly furnished waiting area with a chandelier and sofas; large custom design counters; sales counter; computers/printer/file cabinet; several months’ worth of vases/baskets/foam and general supplies; a large silk flower inventory; boutique clothing and gift shop inventory. This is everything that you need to hit the ground running in the floral industry. They have a well-trained and devoted staff of one FT and 4 PT designers/drivers with an additional PT driver. This is a wonderful opportunity to invest in your dreams and own a profitable flower shop that includes a unique gift shop/boutique. All of this and you’ll get to live on the beautiful Gulf Coast!

General Information

Year Established: 2016

Facilities: Located in Santa Rosa County in a shopping plaza on one of the busiest streets in town. It is very close to local schools, churches, and funeral homes that utilize the shop's services.

Market Outlook

Competition: This business is the only storefront, a full-service florist in a large & popular town that is experiencing rapid population growth.

Growth Expansion: It’s located in one of the fastest growing counties in the state with ample room for growth. The business's 40% growth Y-O-Y exceeds other retail businesses in the market area.

About the Sale

Financing: Seller will provide financing with 40% down to a qualified buyer at below bank rates.

Training: Seller will provide 3-weeks of training to ensure a smooth transition at no charge. The seller would be willing to enter into an occasional designing position for holidays/large events in terms & compensation mutually agreeable to both parties.

Reason for Selling: Seller wishes to retire.

Financial Summary

Asking Price: $191,000
Revenue: $240,000
Cash Flow: $73,500
Real Estate: Lease
FF and E: $45,000 (incl in sale)
Inventory: $27,000 (incl in sale)

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