Retail - Florists | Retail - Home Furniture & Furnishings

Asking Price	$199,000	Inventory	$30,000*
Gross Income	$580,620	Real Estate
Cash Flow	$80,000	Year Established	1945
FF&E	$35,000*	Employees	10

* included in the asking price

** not included in the asking price

This business is a 63 year old floral & home interior shop located in the heart of downtown in a picturesque waterfront college town that is increasingly becoming popular as a retirement venue. Owned & operated by the same family since 1945, the business has an established reputation for providing a high level of customer service and superior products to the local community. This statement is confirmed by the shop s frequent selection as the florist of choice by the reader s of the local newspaper. The business employs Teleflora as a wire service.

Facilities: The business is located in approximately 3000 square feet of space with 2300 square feet of street level space & an additional 700 square feet of upstairs mezzanine. Monthly rent is currently $2426 per month. This amount is reduced by $500 per month received from a sublease tenant located in the mezzanine. The current lease expires on June 30, 2010.

Financing: Seller will consider a minor financing role in the transaction.

Support/Training: The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.

Reason Selling: Retirement