Jersey Shore's Premier Flower Shop- All New FF&E, 75+ Years in BIz

Monmouth, NJ (Monmouth County)

Jersey Shore's Premier Florist (All New FF&E, 75+ years in Biz)
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Asking Price: Get Financing: $189,000

Cash Flow: $80,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $75,000

Inventory: N/A

Lease Rate: N/A /SF

Established: 1955

Jersey Shore's Premier Flower Shop- All New FF&E, 75+ Years in BIz

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Business Description

Jersey Shore's Oldest/Most Successful Flower Shop- All new FF&E, Motivated Selle

Listing Description
This flower shop has been in existence for 75+ years. It is Jersey Shore’s Premier Flower Shop. They have a top SEO first page position on Google, organically! Brand new everything- furniture,fixtures, & equipment. Also, a very efficient business because it is equipped with Shopkeep. The #1 fully automated and integrated inventory system. Which is the best software for retail flower shops in the industry, bar none. The current owners have only owned this store a couple of years, Right after they took over tragedy struck and the whole place caught on fire and literally burned to the ground. They have since recovered and built the new flower shop location even better than before. It has a truly beautiful & modern interior design. But the fire was really draining and now they are to move on. The business and it’s name has the best reputation in the community and their respective industry. The current owner/operator was a former employee that took over while purchasing it from the original owners who had built a tremendous amount of goodwill in the community over the years. They are the go-to source for many wedding planners, online e-commerce flower providers, funeral homes, catering halls, and other high volume/ high-frequency floral arrangement purchasers. Their brick & mortar flower shop is located off of a busy street in the heart of The Jersey Shore. Very close to the beach.

This business has an excellent staff, comprised of 2 FT and 2 PT designers that have 60+ years of combined industry experience. The current owners are willing to train, teach and transition this excellent business over to any qualified buyer that has the passion and/or willingness to learn this industry. Anyone with a creative mind and good business acumen will succeed with this business. There are an estimated $3 Billion dollars a year in flower sales….American’s love flowers, there is no doubt about it.

The business is 100% debt free and has a lot of value in tangible asssets. A 2015 van (that looks brand-new w/ low mileage), 2 stainless refrigerators that cost approx. $7,300 a piece, and a large custom walk-in refrigerator for $12,000. Just to name a few. Their gift shop and interior decor are laid out perfectly. “A shop to be proud of”, that’s for sure. The sellers are very proud of their business and we are confident that a new owner will be too.

For more info, please contact Cody Weaver at Business Acquisition Experts- Business Brokers at (646)737-5273.

Listing Details
Total Sales: $500,000

Cash Flow: $80,000

FFE: $75,000 (Included in Price)

Inventory: $10,000 (Included in Price)

Reason For Sale:

Catastrophy

Training & Support:

30 days Full Training & Support

Operation
Year Established: 1950

Year of Last Acquisition: 2016

Days & Hours of Operation: Mon-Sat 9:30-5 Sun 9:30-2

Owner Hours Per Week: 4-50

Employees: 7

Managers: 2

Historical Summary:

75+ years in business. The name is synonymous with the best flower shop on the Jersey Shore.

Owner Qualifications:

Prior floral design and business experience definitely helpful but not crucial to ongoing success. Because the seller’s are more than happy to teach the new owner everything that is needed to succeed and prosper. And the business’s long tenured team of floral designers will be their to assist and ensure the success of the new owner

Competition:

A few very small shops are in the area but they have NO impact whatsoever on this business. They are by far the best and largest in the surrounding area, hands down!

Potential Growth:

Their name and history, superb business model, efficient production, and contacts can easily be leveraged and used to open multiple new brick and mortar locations to fuel growth

Financing/Terms:

Negotiable

Detailed Information

Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Cody Weaver

Business Listed By:
Cody Weaver

Business Acquisition Experts

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