Profitable And Established Florist

Cook County, IL

Profitable And Established Florist
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Asking Price: Get Financing: $365,000

Cash Flow: $168,186

Gross Revenue: $433,970

EBITDA: N/A

FF&E: $46,100

Inventory: $22,000

Real Estate: $320,000*

Established: 1982

*not included in asking price.

Profitable And Established Florist

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Business Description

This listing is for a well-established and profitable floral shop located in the upscale southwest suburbs of Chicago that is available to a qualified buyer. For over 30 years, this family-owned and operated florist has been serving all of the Chicagoland area. They have a large base of customers and terrific reputation in their marketplace. They specialize in tropical, plants, European/Dish Garden, Contemporary & Traditional Arrangements, Silk Arrangements, Funeral Designs, Weddings, and much more. All of this is with one of the largest inventories of fresh flowers around. They also offer gift shop items and gourmet & fruit baskets as well. The business serves over 150 suburbs daily, direct from their shop. They also have an outstanding relationship with many commercial entities that they also serve. These businesses and institutions include hospitals, care centers, funeral homes, retirement communities and more. Over the last three years, this business has seen consistent growth in both their revenues and owner benefit. A buyer can realize a yearly income of over $160,000 with over $70,000 in assets to be transferred with the business sale. Business expanded in 2017 and the 2018 revenues increased 50% due to the new client base from the recently purchased store. Their real estate is available separately from the asking price and is valued at $320,000. If you would like more information about this business opportunity, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
5,000
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,700 sq ft retail space. 1,400 sq ft. upstairs. 900 sq ft. storage. Owned by the seller and available separately from the asking price. Valued at $320,000
Competition:
Superior Products & Service, Loyal Base of Customers, Excellent Reputation
Growth & Expansion:
Advertise, Expand Marketing Territory, Add Sales Staff
Financing:
available separately from the asking price
Support & Training:
Owner will train the buyer for 4 weeks at no cost.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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