Retail - Florists | Retail - General Merchandise Stores

Asking Price	$600,000	Inventory	$340,000*
Gross Income	$1,750,000	Real Estate	0**
Cash Flow	$60,000	Year Established	1975
FF&E	$190,000*	Employees	35(16 fulltime)

* included in the asking price

** not included in the asking price

"Owner is Retiring and wants Sold - $600,000.00, The business was founded in 1975 and produces an average of $1,750,000 in sales of floral, bridal, gifts, cards and misc. items. Sales are generated through walk-in requests, telephone, wire services using Telefloral, FTD, Bloomlink and a varity of corporate business accounts. Business has four locations (Hopkins, Chanhassen, Plymouth, Minnetonka) in the Southwest quadrant of the Twin Cities. All locations are leased with Hopkins, the main production and distribution center. The Business features fresh and silk flowers, plants, greeting cards, gifts, candy, balloons and a complete bridal planning service including gowns, dresses, tuxedos, shoes, and accessories. Inventory and FF&E are conservatively valued at $530,000. Additional financial details are available upon executing and returning the attached Confidentiality Agreement. I can be reached at 612-868-1463 or Toll Free at 1-877-275-6320. See WWW.RomanRoos.com

Attachments: Download additional information (PDF)

Facilities: The Selling Price includes $190,000 in FF&E plus $340,000 in inventory that is located in four leased locations. No real estate is included.

Competition: Floral business that is 30 years old has capture a large share of the four local floral markets. This can be increased. Buyer needs to expand marketing and advertising pushing the new Wedding Design capability and needs to restructure Op expenses.

Growth/Expansion: Complete bridal services added in 2005. Great opportunity to be marketed and expanded using five locations for customer base.

Financing: Owner Financing dependent of Buyer qualifications

Support/Training: Seller will stay 3-4 months to bring Buyer to speed. Buyer can expect emplyees to remain.

Reason Selling: Retirement and age.