Full-Service Florist and Gift Shop
Franklin County, OH
| Asking Price: | $150,000 |
| Gross Revenue: | $570,000 |
| FF&E: | $50,000 |
| Established Year: | 1998 |
| Cash Flow: | $55,000 |
| Inventory: | $40,000 |
| Real Estate: | $725,000 |
Listing ID: 2269668Listing provided by BizBuySell
BUSINESS DESCRIPTION
Founded in 1998, this full-service florist and gift shop has a high reputation in the community for providing excellent floral services to a variety of large and small clients. The company is profitable, has great relationships with vendors, and an experienced staff that the seller anticipate will stay for a new owner. The company currently uses Teleflora wire service.
Seller has owned the business since inception and wants to retire. They currently work full-time in the business performing sales, design, deliveries, vendor management, and HR duties. The company has an excellent 4.5 Google review.
The real estate is offered by Cole Antle, Agent, at Westwood Real Estate.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The shop is located in a very nice, modern, renovated building on a busy street with private parking and nearby street parking. The FFE is all in great shape and includes a SUV which is used for deliveries. All FFE and Inventory is included in the sale. The facility is large enough to accommodate business growth.
Competition
This business is located in an area with very little competition and has had steady sales for 25+ years with no dip during Covid. Sales are steady throughout the year with peaks during holidays such as Valentine’s Day, Easter, Mother’s Day and Christmas/Hanukkah/NYE. The business has a list of 2,000+ clients ranging from individuals to large well-known customers including the local School District, Police and Fire Department. None of the customers represent >25% of total sales.
Growth & Expansion
Excellent opportunity for someone wanting to grow a small business with a great reputation, location, and steady sales in a growing market with very limited competition. This business has done 100+ weddings per year in the past, but has scaled down to ~50 weddings per year currently. The Seller estimates that could easily be brought back to 100+ with a little effort. Other growth opportunities include more private events, selling to other school districts, and opening on weekends.
Financing
Seller is offering financing, details will need to be negotiated
Support & Training
Seller is willing to stay on for a period to train buyer and ensure the transition is smooth.
Reason for Selling
Seller wants to retire
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