Boutique Floral Business - Serving Events, Businesses, Consumers
Eagle County, Colorado
Listed Price: $ 120,000
Listing ID: 201934
Listing DetailsGross Revenue: $ 317,000
Cash Flow: $ 79,000
FFE: (Included in Price)
Inventory: $ 45,000
Training & Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company management and introductions to the key customers.
Listing SummaryBusiness Description:
This business is a great opportunity for a new owner to take on an existing business with all new buildout and equipment for much less than it would cost to start a similar business from scratch. The sellers are ready to retire and look forward to handing the reins over to someone who will enjoy the business as they have for more than 30 years.
The florist business is primarily a service business. A florist sells flowers but it is the design, arranging, delivery and installation of those flowers where a florist separates itself from the many places a customer can simply purchase flowers. The value added for service is the primary source of income.
The Company has a long history in the local market and relationships with the wedding planners, event venues, lodging and business community which is where much of the business originates. Because much of the business is essentially B2B or event driven, inventory risk is minimal.
Coronavirus impact on wedding planning has hurt the numbers for the Summer of 2020 but the business is positioned to recover those sales as many events have already been rescheduled for later dates. The business is priced to sell!
Current lease to 2023 with an additional 5-year option.
Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the means to complete a transaction of this size before additional confidential information will be provided.
There are other businesses offering floral services in the market.
Absentee Owner: No