Upscale Florist with Exclusive Loyal Clientele
Location: Virginia > Henrico County > Richmond
Industry: Retail Stores > Florist
Financials
Asking Price: $184,000
Gross Revenue: $251,235
Gross Revenue Comments: Products and Services
Cash Flow: $93,321
Cash Flow Comments: 42% Gross Profit Margin due to High End Products and Services
Inventory: $30,000 (Included in Asking Price)
FF&E: $20,000 (Included in Asking Price)
Business Summary
This upscale florist has been in business over 16 years in this market. Caters to an exclusive niche that demands a high level of service and pays for it. Gross profit over 42% due to established controls, excellent staff, and higher margin products. In addition to floral and gift basket sales, owners have added a high end garden and landscape line to expand the business and was featured at the most recent Garden Show in Metro Area. Customers are extremely loyal and new owner can learn floral business due to skilled staff.
About the Business
Year Established: 1992
Employees: 1 full time - 2 part time
Market Outlook and Competition: This floriist services a very exclusive clientele that calls in the majority of their business. Excellent high end product lines for gift baskets in addition to floral sales. Does whole house decorating as well during seasonal holidays for many of its clients.
About the Sale
Management Training and Support: Owner will train new owner to ensure smooth tranisition of clientele, employees, and key suppliers.
Reason For Selling: Spouse is forced to relocate due to his job. Otherwise would not sell business.

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Listing Tools
BizQuest ID:894404
Seller ID:EVA08S23
Business Listed By
Name:Ted Deaton, Phil Sutton, & Kevin Wolfgang
Company:Everest Advisors
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