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Long-Established Florist & Gift Shoppe with Excellent Reputation

Fort Wayne, Indiana (Allen County)

Retail - Florists | Retail - Miscellaneous Retail

Asking Price $130,000 Inventory $80,000** 
Gross Income $349,983 Real Estate  
Cash Flow $61,772 Year Established 1938
FF&E $50,000* Employees 9

* included in the asking price

** not included in the asking price

This business has been serving Fort Wayne and the surrounding area for almost 70 years. Its excellent reputation and loyal customer base is founded, not only upon its longevity, but also upon the creative floral designs and unique personalized customer service provided by the staff members. A large variety of products are offered, including gift items, fresh flowers, indoor and outdoor plants, home decor, artwork, outdoor products, silk flowers and arrangements, loose silks, plush animals, gourmet baskets, jewelry, candy and balloons. The customer accounts currently serviced by this business are not only individuals, but also include local corporations, funeral homes, hospitals, nursing homes, restaurants, medical offices, etc.

Facilities: The shop has 3633 square feet with a front door entrance and nice curb appeal. It includes a newly remodeled showroom and design area, one office and much storage. Current lease is month-to-month, offering opportunity for the buyer to stay or move to another location.

Competition: Competition in the area is not threatening to this business. Scotts grocery has become Krogers and Krogers is not known for significant floral design work. Two other florists are in the near area. Two funeral homes are within the immediate location, as well as several medical centers and a hospital. The location of this business is good - visible and accessible. . . near higher end shopping centers.

Growth/Expansion: Long-established customer list continues to provide the daily telephone orders on a regular basis. More business could be developed by making cold calls to the many surrounding offices and local business, etc.

Financing: None

Support/Training: Negotiable

Reason Selling: Retirement

AD # 315229

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