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Locally owned 40 yr old floral shop business for sale

St Joseph County, IN

Locally owned 40 yr old floral shop business for sale
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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: $617,000

EBITDA: $151,000

FF&E: N/A

Inventory: N/A

Real Estate: $225,000*

Established: 1975

*not included in asking price.

Locally owned 40 yr old floral shop business for sale

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Business Description

The company is a well established locally owned floral shop serving northern Indiana and southwest Michigan for more than 40 years. The business has built a strong reputation of quality plants and gifts, beautifully designed arrangements and amazing customer service. The company has experience providing floral arrangements for large scale functions including weddings, funerals and corporate events. In addition, the company has a retail location in a high traffic retail area offering flowers, arrangements and gifts to the local customers. The shop procures its flowers and plants from multiple sources and is a part of the Teleflora network. The business includes delivery vehicles and over 60 corporate relationships and regular delivery locations. The owner of the business is currently looking to retire but will agree to stay on for a short transition and training phase.

Detailed Information

Location:
St Joseph County, IN
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
1,800
Employees:
5
Competition:
Market is served by mostly small shops with one larger competitor.
Support & Training:
Owner will stay on for negotiable short term for training
Reason for Selling:
Retirement
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Tammy Lower

Business Listed By:
Tammy Lower

Cressy Commercial Real Estate

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