Gross Revenue: $361,084
Established Profitable Flower Shop
This is a profitable, well known Flower Shop, located in a very affluent area of West Los Angeles, CA Silicon Beach area. Many high end customers and high ticket orders. Same owners since 1987. Located on busy high traffic main street, with many established weekly and monthly accounts. The business has several accounts with local hospitals, funeral homes, and wedding locations, as well as happy repeat customers. It is an independent single point store. There are 3 part time employees. There are 2 floral arrangement tables, 2 large walk in refrigerated floral coolers (4 sliding glass doors), front counter, and displays throughout store. This is a turnkey opportunity and the current owners are owner-operator. The stated financials assume an owner-operator.
Markets: At this well located flower shop, the business model is simply to provide floral arrangements, plants, and gift items to its many customers. A trained staff, professional customer friendly web sites, good Yelp reviews, and beautiful floral arrangements result in a high percentage of repeat business. Strengths: • Same owners since 1987- Well Established Profitable Flower Shop. Over 10 weekly accounts. • Over 180+ customer accounts-great growth potential. • Store affiliations with: Teleflora, FTD, Bloom Net, Bloom Nation, Flora Queen, FlowerShop Network. Company Facilities and Operating Hours: The flower shop's convenient operating hours are: Mon-Sat 8am-8pm, and Sun 9am-6pm. The store leases approx. 1020 square feet of retail space in the West Los Angeles, California Beach area. Lease is $4205/ month- with NO utilities, insurance, maintenance or taxes included. Lease is thru Sept 2018, with 5 year option. The Transaction: The reason for sale is the seller’s need to spend more time with family. Seller would agree to stay for 4 weeks to train new owner. There is approx. $10,000 of inventory, $3000 of furniture/fixtures, and $30,000 leasehold improvements included in the sale. The asking price is $275,000. Seller financing may be available. Note: All data on this business is provided by the Seller for information purposes only, and no representations are made by Broker or Agent as to the accuracy of information. Broker or Agent has made no independent verification of the data contained herein. Buyer is advised to perform its own due diligence and seek the advice of professionals prior to purchasing the Business.
Inventory: Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Same owners since 1987.
Growth & Expansion: Sales increasing for last 3 years- Very profitable business.
Support & Training: 4 weeks
Reason for Selling: family
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