Massive Florist for Sale in CT

New London County, CT
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Asking Price:$650,000
Gross Revenue:$710,000
FF&E:$50,000
Cash Flow:$240,000
Inventory:$30,000
Established Year:1993
BUSINESS DESCRIPTION

LISTING ID # 34607

This extremely profitable retail flower shop in Connecticut is an incredible opportunity! This business has strong sales and profitability and offers the right buyer tremendous upside with lots of additional opportunities for growth. This florist's 34 years in business has allowed it to become a leader in the industry in its region. Currently the majority of its business comes from direct online orders and steady phone & walk in sales. Because the owner is phasing towards retirement they are only open Monday - Friday, taking a month's vacation during the last 2 summers. This is a tremendous growth opportunity allowing additional sales for Saturdays and adding weddings too. The seller will consider including the inventory in the price with projected sales in 2024 to exceed 2023 The owner is not interested in selling the building at the moment but is open to facilitate a conversation if a buyer is interested in both the business and property. Act fast and call the broker to learn more.


DETAILED INFORMATION
Location
New London County, CT
Inventory
Not Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd