Long-established Flower Shop in Prime Location
Ithaca, NY
| Asking Price: | $225,000 |
| Rent: | $2,484/Month |
| Gross Revenue: | $461,000 |
| Established Year: | 1959 |
Listing ID: 2238886Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable and established for 65 years turnkey flower business available. Shop is conveniently located to Cornell University, residential neighborhoods and high concentration of businesses. Established account relationships with University, funeral homes, offices and caterers.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Ithaca, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,900
Lease Expiration
31/12/2025
Employees
5
Facilities
Display cases, glass door and walk-in refrigerators, cutting and packing equipment. Growing areas for greenhouse. Backroom area for preparation and packing. Back office area for taking orders and calls. Basement storage 224 sq feet. Delivery van. Established recurring accounts with Cornell University departments and Bangs funeral home. Strong walk-up business with Cornell students, Cayuga Heights and Lansing residents.
Competition
6 other flower shops in Ithaca area. Only 1 is longer established.
Growth & Expansion
Untapped potential in tapping weddings, catering companies and funeral homes.
Financing
Owners will consider all reasonable offers.
Support & Training
Owners will be happy to train and support new owners. Some staff may stay on.
Reason for Selling
Retiring
BUSINESS LOCATION
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