Established & Well-Known Florist in a Growing Market

Fairfax, VA (Fairfax County)

Established & Well-Known Florist in a Growing Market
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Asking Price: $99,995

Cash Flow: $61,093

Gross Revenue: $185,494

EBITDA: N/A

FF&E: $4,000

Inventory: $3,000*

Rent: $2,600 /Month

Established: 1996

*not included in asking price.

Established & Well-Known Florist in a Growing Market

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Business Description

Excellent opportunity to own an established and well-known florist that has been serving Northern Virginia for over two decades! The florist was established in the early 1990s and is situated on a prominent thoroughfare with high street visibility in Fairfax County. The shop offers a wide variety of floral arrangements, gift baskets, fine chocolates, cards, dolls, and other related items. The business also offers FREE same day delivery, which makes their operation stand out in the market with hundreds of long-standing and repeat customers. The owner and team of designers have built a respected business with strong brand recognition and reputation in the area.

The shop provides beautiful arrangements for weddings, holidays, and special events and has many corporate customers, including hotels and offices. The business also prides themselves on offering a selection of affordable arrangements and designs to cater to multiple market segments. There are existing relationships with vendors and referral partners which makes this is a great opportunity for an experienced entrepreneur or first-time business owner. Mother’s Day and the wedding season is just around the corner, so don’t let this opportunity slip away and start immediately making money with this one of a kind, turn-key business!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
7/31/2021
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 1400 sq ft space is leased for approx. $2600/mo. and is located on a main Fairfax County thoroughfare with high street visibility between two funeral homes within a few miles each way. There is a good mix of nearby commercial and residential areas along with hospitals and countless office buildings.
Competition:
There is standard competition for the industry in the area with a couple competitors within a few miles of the shop, but the customers definitely prefer the unique arrangements, fresh flowers, and value offered by this florist which has helped it remain the go-to local florist in the area!
Growth & Expansion:
There is significant room for growth and expansion as the business does not currently engage in any marketing/advertising and relies almost exclusively on repeat, referral and walk-in business. A new owner could easily expand the customer base by initiating marketing programs to build up corporate accounts, do more weddings and events, and create more general awareness about the shop.
Financing:
Owner is open to discussing financing.
Support & Training:
2 weeks training (including vendor management, flower arrangement, product purchasing, delivery, network operation & management).
Reason for Selling:
Owner selling to support a family business.
Business Website:
http://www.horizonbrokers.com
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(from currently available funds)
 
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Dustin Zeher, CBI

Business Listed By:
Dustin Zeher

Horizon Business Brokers, LLC

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