Design House of Flowers

Buford, GA (Gwinnett County)

Design House of Flowers
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Asking Price: $499,000

Cash Flow: $131,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: $20,000

Inventory: $5,000*

Rent: $4,190 /Month

Established: 2001

*not included in asking price.

Design House of Flowers

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Business Description

Flower Shop and Event Planning Center

This profitable leading florist shop, wedding and event floral studio with an excellent reputation, turnkey, and well known in area, is a wonderful opportunity for an entrepreneur, individual or family type business.
This is a premier full service flower and event design studio located in Buford Ga and has been in business since 2004. The knowledgeable staff has over 24 years of combined experience in designing, event planning everyday floral delivery orders and upscale wedding and event floral designs. This shop platforms two beautiful websites to sustain on their own without the need of wire services.
This wedding floral studio offers a modern approach to wedding designs which is their trademark and event planning with custom one on one knowledgeable consultants. They also are preferred vendors with many of the wedding venues with a 10 mile radius and holds great relationships with many wedding planners.
The business location is in the Mall of Georgia master retail area. This area of N. E. Georgia continues to increase in population, households and businesses of all work classification. The prospects for the demand for this business line are very strong and continued growth looks excellent.

DHF is a full-service floral and event planning company and includes support for weddings, funerals, proms, holidays and all Floral related retail. Custom one on one consultation and event planning are their trade marks. They deliver to Buford, Sugar Hill, Suwanee, Flowery Branch, Auburn, Dacula, Braselton, Lawrenceville and other surrounding areas.

DHF has received awards for “Award Winning Florist” and “Best of Gwinnett” for 2015,2016, & 2017.

The business location is in the Mall of Georgia master retail area. This area of N. E. Georgia continues to increase in population, households and businesses of all work classification. The prospects for the demand for this business line is very strong.

The market where this business is located and operates is one of the strongest in the Southeast US. There are no geographic limitations to growth such as a coastline or mountains and this results in sustained fairly equal growth 360 degrees. This is strong for business.

The current economic climate in this part of the State of Georgia as a whole is conducive to continued growth and demand for good retail floral opportunities and appears to trend up for both the short and near term.

Detailed Information

Location:
Buford, GA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,797
Lease Expiration:
2/1/2024
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The lease space for this opportunity is 3,797 sf and includes all the necessary allocated spaces for storing assets, receiving, shipping, presentation and sales.
Competition:
Suwanee/Buford Sub-Market: 1. Asking rents up 3.6% Year Over Year. This means demand for retail space is high. 2. 537,000 sf of Retail Deliveries last 12 months. More retail space is built and still demand is high. 3. Commercial Property sales are up $150MM last 12 months. Once again, this points to a very strong economy is this market. Over 100,000 people within a 5 miles radius with an average household income of almost $83,000 per year. This Mall of Georgia is the largest mall in Georgia results in a high income, high traffic market place.
Growth & Expansion:
Population and business growth strongly support growth in not just floral, but event planning.
Support & Training:
The Team is strong in all aspects of the Floral and Event Planning business with ongoing training for all members.
Reason for Selling:
Retiring from the full time demands of running the business.
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Business Listed By:
Ken Blankenship

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