| Asking Price |
$80,000 | Inventory |
$12,000* |
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
N/A | Employees | 3 |
* included in the asking price
** not included in the asking price
This is a flower and gift shop that specializes in fresh flower arrangements and gift items for all different occasions. The shop has walk in and telephone business with a lot of the business being done over the phone. They have a floral service, which enables flowers to be sent anywhere. The business also delivers anywhere within a twenty-five miles radius of their location in Mahoning County. The purchase price includes the trade name, equipment, fixtures, non-competition agreement, training and goodwill. The seller will remain responsible for all company liabilities through the date of sale. The seller will remain for a period of four weeks to train a purchaser and be available to consult for a period of eight weeks. This should insure a smooth transition for a new buyer. The complete equipment is on file. Seller will retain the cash and accounts receivable at time of closing. The van is not included in the sale of the business. : The store has one full time and one part time employee in addition to the owner who is not included in the payroll of the operation. The full time manager is the owner s son and he makes a nice salary, which would be available to a new owner. The only benefit to employees is two weeks paid vacation. The store is open 9:00 AM to 5:30 PM Monday thru Friday and 9:00 AM to 5:00 PM on Saturday and closed on Sunday. The rent is $1500 per month. The seller owns the property and would give a three-year lease with 2 two-year options. Also property could be purchased by a buyer if desired.
Facilities: The business is located in Mahoning County. It is housed in a facility that has 2256 square feet of space with a nice parking area in front of the store. The store is on a heavily traveled road and has good accessibility for customers.
Growth/Expansion: The shop has approximately 2500 customer accounts and 400 commercial accounts that buy flowers and gifts throughout the year. The shop sells much of the flowers by phone but there is also considerable walk in traffic as well. The sales over the past few years has been averaging approximately $180,000 per year. The owner has done higher volumes but has not marketed the business in the past few years as she did originally.
Reason Selling: Retirement.

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