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The Wall Street Journal Online

Florist, well established NW DC

Washington, District of Columbia (District of Columbia County)

Photo Available
Asking Price:
$100,000
Gross Income:
$279,000
Cash Flow:
$36,300
EBITDA:
N/A
FF&E:
$30,000.00 *
Inventory:
$5,000.00 **
Real Estate:
N/A
Year Established:
1992
Employees:
1
Business Types:
Florists
Miscellaneous Retail

** not included in the asking price

* included in the asking price

Business Description

PRICE REDUCED. This flower shop was started in 1992 and has a strong client base. It has been featured many times as best florist by various local publications such as the Washington Post, Washington Times, Washington Business Journal, Consumer Check Book and others. It supplies flowers to many local restaurants and could with a little marketing expand the business to corporate clients.

Detailed Information

Facilities:
Located in 1,200 sf with a lease that expires in 1/31/16. Current monthly rent is $5,357. Facilities are in very good condition.
Competition:
No other flower shops in the immediate area.
Growth/Expansion:
Seller operates the shop 11 months a year. Buyer should stay open 12 months a year; join the floral wire services such as FTD; establish a web site; join Facebook, and add gardening items. This would increase revenues and cash flow.
Financing:
0
Support/Training:
Seller will provide 2 weeks on site and two weeks on call.
Reason Selling:
Leaving the country
Contact Seller

Broker Information

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(from currently available resources)
months

Business For Sale Listed By

Homer Lange
General Business Brokers
202-862-4351

Sponsoring Broker

Homer Lange

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