Reputable Full-Service Florist
Iowa
| Asking Price: | $375,000 |
| Gross Revenue: | $563,693 |
| EBITDA: | $30,744 |
| Real Estate: | $180,000 |
| Cash Flow: | $58,374 |
| Inventory: | $45,448 |
| FF&E: | $60,000 |
| Established Year: | 1959 |
Listing ID: 2124009Listing provided by BizBuySell
BUSINESS DESCRIPTION
This reputable full-service florist has served their loyal customers in North Central Iowa for over 60 years. The business is known for their large and excellent quality of fresh flowers, silk flowers, plants and gifts as well as their experienced designers who create unique arrangements. Their staff, which includes a full-time manager, is friendly and professional and delivers the highest standard of customer service. Their services extend to nearby, surrounding communities within a 50 mile radius. The business is a valued member of the local community and is known for their charitable contributions to organizations and community members.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Iowa
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,672
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Real Estate included with this listing is a 1,672 square foot building located on 3,600 square feet of land. The property has been well maintained and has had many recent leasehold improvements including upgraded HVAC and attractive, branded awnings.
Growth & Expansion
A new owner could make an immediate impact on sales by beefing up the marketing and social media efforts of the business. As the business already has an established reputation in the community, growth could come from expanding the brand outside the current market area with additional locations or through adding new revenue streams such as working with corporate or tourism customers in the area to provide fresh flowers on a regular basis or by developing hands-on flower design classes to the general public.
Support & Training
Negotiable.
Reason for Selling
Retirement.
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