$44K Down SBA - Florist for Corporate & Social Events Metro Orlando
Asking Price: | $399,000 |
Gross Revenue: | $634,851 |
FF&E: | $221,500 |
Cash Flow: | $167,167 |
Rent: | $8,402/Month |
Established Year: | 1998 |
Not your typical Florist…this company has made a business for over 25 years of catering to a specific niche within the floral industry…Corporate events / Holiday’s / Weddings in the Orlando area. No Retail!! This is truly a turn-key operation.
Company leases a 10,000 sq ft facility that is part Office, Showroom, A/C warehouse, and storage. With a large 16’ by 20’ custom walk-in cooler, A/C area to put all arrangements together and racks upon racks of reusable décor for any customer’s needs. Long lease in place with below market rent rates at $10 per sq ft.
Currently, 2 owners are splitting the responsibilities of this business each working about 40 hours a week. President is a certified master floral designer and lead florist while the Vice President handles back office and admin work. There are also additional employees including 1 full-time & 1 part-time plus a list of 1099 workers for larger jobs or seasonal work. Financials reflect new owner replacing the lead designer and hiring someone to fulfill back office / admin work.
For husband & wife or partnership buyers, the SDE or cashflow of this business would be around $210,000. Business may qualify for E2 / L1 Visa.
Contact Sunbelt Business Brokers of Orlando and Robert Borrelli / Franco Ferrari today to learn more about this amazing opportunity to own a Central Florida based Floral Arrangement and Décor business.