Profitable Floral Shop in Area's Busiest Shopping District
Tennessee
| Asking Price: | $285,000 |
| Gross Revenue: | $145,848 |
| FF&E: | $10,000 |
| Cash Flow: | $48,029 |
| Inventory: | $2,500 |
| Real Estate: | $1,150,000 |
Listing ID: 2270061Listing provided by BizBuySell
BUSINESS DESCRIPTION
Business is Thriving and Growing
This business stands out as the area's top florist, providing both in-person and online design services tailored to different occasions, budgets and demographics. In addition to local and outlying delivery of flowers, they provide floral arrangements and other unique items to over 19 area funeral homes and over a combined 90 medical facilities and assisted living locations.
The ideal buyer can tap into their extensive customer database to explore innovative strategies for boosting revenue.
The right buyer will be able to continue the excellent customer service in place while discovering excellent opportunities open to exploration and resulting in growth.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Company was established in the mid 1950's and has been family owned since 1995.
Competition
There are several other florists in the area, each with their own design trademark.
Growth & Expansion
Over the past five years, industry revenue is expected to have grown at a CAGR of 4.1% to $8.6 billion, including a bump of 0.5% in 2024, with profit set to reach 5.5% of industry revenue, according to IBIS World.
With the continuing growth of this popular Southern city, it is an opportunity awaiting the right entrepreneur to build revenue and add additional locations to meet the demand.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Pursuing other business opportunities.
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