Florist, Retiring Owner

Concord, CA (Contra Costa County)

Seller Financing Available
Florist, Retiring Owner

Asking Price:$369,000

Cash Flow:$154,992

Gross Revenue:$1,007,489

EBITDA:$104,992

FF&E:N/A

Inventory:$3,500*

Lease Rate:$3,500 /SF/Month

Established:1932

*not included in asking price.

Florist, Retiring Owner

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Business Description

1m gross, SBA approved, Manager in Place

This professionally run business is well suited for a buyer with business skills, previous floral skills are not required. High volume means great purchasing power and higher profit. They use internet marketing and email campaigns to drive the business. Owner works part time and spends the other half of his time on another business.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
5/31/2020
Employees:
10
Facilities:
Landlord will write a new 4-year lease for a qualified.
Competition:
Low, they have purchased and closed the competition over the years.
Growth & Expansion:
Most of their advertising is internet based, to grow the business you can start delivery and advertising in a new area.
Financing:
10% seller carry with SBA laon
Support & Training:
Because of the volume of the business, you don't need floral experience, they have staff and departments for the required trade skills. Buyer should have business management skills.
Reason for Selling:
Seller owns two business and want to focus on other operation

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Tony Moran, CBI

Business Listed By:
Tony Moran

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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