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Profitable, Well Established, High End Flower Shop and Gift Gallery

Douglas County, CO

Profitable, Well Established, High End Flower Shop and Gift Gallery
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Asking Price: $325,000

Cash Flow: $119,000

Gross Revenue: $606,000

EBITDA: N/A

FF&E: $120,000

Inventory: $23,000

Established: 1984

Profitable, Well Established, High End Flower Shop and Gift Gallery

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Business Description

Amazing opportunity! Read all about it!!

This gorgeous shop provides strong year-round income and profits for owners. Reputation and location provide consistent high-volume sales. There is amazing growth potential from ongoing community growth and existing demographics.
The business is a high-end retail flower shop with a hand-crafted home décor and gift gallery. It operates from a highly visible and thriving retail location which provides steady foot traffic and ample off-street parking for customers and employees. This walk-in retail center sits amidst the most substantial and affluent planned community in Colorado. The company brand name, logo, reputation and phone number have been consistent for over 30 years and is known as one of Denver’s premier florists.
The brand has a strong online presence with a well organized website, high SEO ranking, and functions as a highly productive and proactive marketing tool.

• The shop is in the Denver metro area and is the 6th fastest growing metro area in the country. Colorado is the fourth fastest growing state in growth and job creation. This county location is the fastest growing county in the US and has the 7th highest median household income in the country.

• The business currently services residential needs for a local population of over 113,000 people with a median household income of $114,000.

• An additional new master planned community is being constructed only 6 miles from the shop location which will add another 12,050 new residences and 30,000 residents to the market area.

• An adjacent community within 10 minutes of the shop has a median household income of $119,000 and has a population of 13,500 residents.

• The business services 4 hospitals within ten miles of the shop. Currently under construction only 3 blocks from the shop is a new 6-story hospital. The opening is on track for summer 2019.

• There is a large retirement community 2.6 miles from the shop that is a constant source of business and it continues to expand on a regular basis. It is not yet built out.

This store has dominated this niche market with its distinctive design style, exemplary customer service, and support of the community. The brand prides itself on being an active member of the community.

Unlike many other floral shops, this store’s business is diverse, and it is busy year-round with strong holiday, corporate, every day, event, prom/homecoming and gallery sales. It does not suffer slow months.

This business has consistent robust and profitable wedding sales throughout the year. Weddings and events continue to be booked for the future. Deposits that have been collected will be transferred to buyer at closing.

The home décor and gift gallery aspect of this business offers many hand-crafted gifts, home décor items, and functional art from artists throughout the US. It has a reputation for unique items and is a strong profitable portion of this shop where consumers come to find "the perfect gift."

Detailed Information

Location:
Douglas County, CO
Inventory:
Included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The operation has 8 employees and a 1500 square ft. location with a state of the art, custom designed flower cooler. The 500-sq. ft. work space accommodates production for multiple events and holiday demand with plenty of room for several designers to work comfortably and efficiently. All equipment, inventory, hard goods, delivery van and furnishings are included in the asking price. Current lease runs thru May 2020. Shop has been at this location for 10 years.
Competition:
No other retail flower shops are located within this community.
Growth & Expansion:
Projected growth within our community and adjacent communities will provide increased sales.
Financing:
Owners will not provide financing
Support & Training:
The owners are prepared to provide all written policies and procedures, and training, along with experienced employees.
Reason for Selling:
Owners are retiring from the floral industry.
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Business Listed By:
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