Retail - Florists | Retail - Miscellaneous Retail

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 a flower and gift shop that specializes in fresh flower arrangements and gift items for different occasions. The shop has walk in and telephone business with much of the business being walk in. They have a floral service, which enables flowers to be sent anywhere. They deliver within a wide area and there is a delivery charge. The business also has some antique vendors who display merchandise in the store and the store receives a twenty percent commission on items sold. 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 list is on file. Seller will retain the cash and accounts receivable at closing. The van is not included in the sale of the business. The store has one full time and two part time employees. The full time employee is the manager as well. The owner spends little time at the store. The employees receive two weeks paid vacation. The store is open Monday thru Saturday 9:00 AM to 5:00 PM and closed on Sundays. The rent is $2000 per month and seller also owns the property, which could be available for sales. The lease is for three years with 2 two-year options. The commission received from the vendors would go to the new lessee and help reduce the rent to the property owner. Seller would sign a non-compete agreement for five years and five miles.

Facilities: The business is located in Columbiana County and is on the main street of the town. There is street parking and also a community parking lot close to the facility. The storefront consists of one large storeroom containing approximately 3200 square feet of space; thereby enabling different vendors to occupy space.

Growth/Expansion: The shop has approximately 2000 customer accounts and approximately 400 commercial accounts, which buy flowers and gifts throughout the year. Sales over the past few years have been averaging $180,000 to $190,000 per year with business being steady.

Reason Selling: Retirement.