TYPE OF BUSINESS: Beautiful Floral and Gift Shop established over 75 years ago. The current owner has owned the business for over nine years. They sell fresh flowers, custom floral arrangements, plants, gift items, unique furniture pieces, cards, balloons, etc. The business enjoys an excellent reputation, and it provides its customers with a quality product that is competitively priced. They have a fabulous online presence and serve many corporate events, funerals, special events, walk-ins, and some weddings—great potential to grow the business by going after the weddings. The hours are Monday through Friday, 9 – 5, and Saturday, 9 – 12. Closed on Sunday
FACILITY: The business occupies 2,169 sq. ft. of space plus an additional 672 sq. ft. of unfinished basement for storage. The building is available for lease.
EMPLOYEES: The business operates with the owner working 30 to 40 hours a week, one full-time and three part-time employees. The owner’s duties are staffing, ordering, floral design, sales, and marketing. Amiable and experienced staff in place.
SALES/CASH FLOW: Gross sales for the year ending 2022 were $471,603, 2021 were $461,454, and 2020 were $404,114. Cash flow in 2022 was approx—$ 110,000 to an owner-operator.
ASKING PRICE: The owner is asking $350,000 for the business. The price includes furniture, fixtures, and equipment valued at about $75,000. The inventory is approx. $15,000 and is not included in the asking price.