Floral Business Seeking Strategic Growth Partner-26036

New York County, NY

Floral Business Seeking Strategic Growth Partner-26036

Asking Price:$449,000

Cash Flow:$271,020

Gross Revenue:$505,166

EBITDA:N/A

FF&E:$20,000

Inventory:$3,000*

Established:N/A

*not included in asking price.

Floral Business Seeking Strategic Growth Partner-26036

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Business Description

Floral Business Seeking Strategic Growth Partner-26036

This floral business has successfully serviced hundreds of weddings, corporate events, hotels, and weekly corporate and wealthy individual's home accounts since 2002. The still energetic middle-aged owner is open to taking on a 50/50 strategic growth partner to scale up the business. This partner should bring his or her own rolodex of potential new accounts and financial/accounting acumen to build on the current owner's existing accounts and many other strengths. He literally has been in the floral business since the age of 8 and knows how to source product and design better than anyone else. That's why he is able to command such high profit margins. 75% of his business is by credit card, the rest in cash. All numbers can be proven. Besides the owner, there are two other designers and a full-time driver. 80% of the business gets delivered. This is not a walk-in retail business, so don't be confused by the storefront's appearance when and if you do a walk-by. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
449,000.00 Down & The asking price is for 50% of the business.
Support & Training:
The seller will train the new owner.
Reason for Selling:
The owner would like to take on astrategic growth partner
Business Website:
http://www.vestedbb.com

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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