Profitable New Orleans based Event Florist for Sale

New Orleans, LA
listing image
Asking Price:$350,000
Gross Revenue:$500,000
Rent:$4,100/Month
FF&E:$33,000
Cash Flow:$300,000
Inventory:$50,000
EBITDA:$133,000
Established Year:2005
BUSINESS DESCRIPTION

$500,000 in average annual sales, 24% EBITDA

If you have always wanted to be a florist, or are looking for a foothold in the competitive New Orleans wedding market, this is the perfect opportunity. This turnkey event florist located in the storied city of New Orleans, is a highly regarded, profitable business that focuses on weddings, corporate events, parties, and film.


ATTACHED DOCUMENTS
Annual Profit and Loss Summary Statement for BizBuy - Google Docs.pdf.pdf Download

DETAILED INFORMATION
Location
New Orleans, LA
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,100
Lease Expiration
31/12/2027
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fantastic studio space with attached warehouse full of props and two walk in coolers. Three year lease is available with opportunity to extend. Conveniently located near downtown and the FQ, there is plenty of parking available.
Competition
Business is well established with a sterling reputation in the wedding market with a strong social media presence and marketing network.
Growth & Expansion
Owner has kept the sales steady without looking for growth. If growth is desired, the capacity is there, business turns away many weddings each year.
Support & Training
Owner is willing to assist in transition if desired. Knowledgeable staff is trained in sales and computer system.
Reason for Selling
Owner is relocating.
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