2 Location Floral Shop With Great Staff
www.GlobalBX.com
Listing ID:
700285209
Listing Title:
2 Location Floral Shop With Great Staff
Quick Link:
http://www.globalbx.com/listing.asp?bId=285209
Industry:
Retail
Industry Segment:
Florist Retail
Country:
United States
State / Province:
South Dakota
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
$363,401
Cash Flow:
$42,275
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1975
Number of Employees:
4 - 5
Business Description:
List Price: $120,000
For over 40 years, this 2-location floral business has established a solid clientele due to excellent service and great staff. Located in the southeast corner of South Dakota, both shops are run by managers with the seller operating passively. With minimal competition, this is a great chance to take a small-town company and grow it.
In addition to offering a large inventory of fresh flowers, customers can choose from a variety of contemporary, traditional and high-style designs. Also available are silk and dried arrangements, which are great for decorations in businesses and homes alike. Offering decorating services for local companies is a great area for growth.
Deliveries are made daily, with 3 part-time employees in place to make them. Each location has a delivery van, both of which are included in the sale. Deliveries are made within a 20-mile radius of each shop.
A buyer working as an owner/operator can increase profits by promoting floral displays and interior decorations for businesses, nursing homes and care facilities. Already popular for funeral and wedding arrangements, expanding the service area is another great possibility. This is an ideal opportunity for an existing floral business looking to open new locations, or for an individual wanting to own a tidy operation.
Purchase Price: $136,000
20% Buyer Down Payment: $27,200
10% Seller Financing: $13,600
70% Bank Loan: $95,200
A 20% down payment of $27,200 returns 83% in the first year after debt payments.
Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage's professionals at 402.998.5288
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