Long Established Florist

New Haven County, CT

Long Established Florist

Asking Price:$95,000

Cash Flow:$25,000

Gross Revenue:$150,000





Long Established Florist

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Business Description

Business was started by owner in 1986, operating in a 1,400 sq.ft. shop in the center of town with ample parking in rear of store and on street. Owner runs the business with one full time employee .The business produces cut flowers, plants and beautiful floral arrangements for all occasions including weddings, child births, birthdays, funerals, all holidays, mothers day, religious occasions, Valentine's day and is open six days per week. Business also produces gourmet and fruit baskets. Equipment included in the purchase price is extensive and includes a 3-door walk-in display cooler, 4-door and 2-door reach-in coolers and and two single door coolers, many display shelves and cabinets and a full separate office. In addition, a 2010 Ford Transit Connect with 85,000 miles is included in the sale. The business has a professional website. The owner is retiring after many years and will assist the buyer in getting off to a strong start after purchase, if desired by purchaser. Seller recommends a family purchase of the business with several members of a family involved and concentrating on marketing efforts to substantially increase sales volume. Seller feels the potential of the business to be far greater than the current annual revenue of $150,000 would suggest. Business is not affiliated with Tele Flora, FTD or 1-800 Flowers but does have an affiliation with Flowershop Network. A new lease for the premises will need to be negotiated with the landlord.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
In addition to the required, necessary refrigeration in the form of five coolers including a 3-door walk-in and four reach-in coolers plus cabinets, counters and shelving, a 2010 Ford Transit Connect van with 85,000 miles is included in the sale price.
The business operates in a mid-size city with several competitors.
Growth & Expansion:
Growth will be predicated in the future on the ability and resourcefulness of the purchaser. All factors are currently in place to produce significant sales volume, well above the current level.
Support & Training:
Seller will provide training to the extent necessary and requested by the purchaser. Two weeks training is included in the purchase price.
Reason for Selling:

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Bob Capozzi

Business Listed By:
Bob Capozzi

VR Business Brokers/Venture Group Partners

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