Make Offer. Florist's Profitable Established Dream Shop.

Union County, NJ

Make Offer. Florist's Profitable Established Dream Shop.
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Asking Price: Get Financing: $150,000

Cash Flow: $74,357

Gross Revenue: $150,000


FF&E: $18,000

Inventory: $10,000

Lease Rate: $32 /SF/Year

Established: 1922

Make Offer. Florist's Profitable Established Dream Shop.

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Business Description

Well established business since 1923 in one of New Jersey's nicest and most affluent towns. Current owner has been operating the business since 1992. Located in a busy retail strip center with plenty of parking. Established ongoing relationships with funeral homes. Good wedding and funeral business. 300 customer base. Tremendous opportunity to grow the business and leverage top notch state of the art social net working. Very customer focused owners. OWNER RETIRING. WILL CONSIDER OFFER.. Equipment included: Fridge $8,000. Computer, printer and software $10,000.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
One Story Strip Mall Building. Excellent large fridge that would be about $40,000 if new, up to date computer, printer and software. Even at used value, estimate is a total of $18,000. New 3 yr lease signed August 2017 at $2,079 per month.
This is a community that respects excellent service. They also do fruit baskets. This is one of 4 flower shops in this community. Owner / operator is very customer focused. Location is convenient and easy to get to.
Growth & Expansion:
Expansion opportunity: Enhance communication to the young upmarket communities / groups expanding service and support to up and coming professionals. Introduce social networking.
50% over 3 years at Prime Rate + 2%
Support & Training:
Owner will provide transition support and introduction as needed by buyer.
Reason for Selling:
Retirement due to age and wish to provide backup support for a new grand child.
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Sponsoring Broker:
Larry Bodner

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