Profitable Flower Shop on Prime Corner for Sale

Los Angeles County, CA

Profitable Flower Shop on Prime Corner for Sale
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Asking Price: $199,000

Cash Flow: $125,000

Gross Revenue: $800,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,200 /Month

Established: 1985

Profitable Flower Shop on Prime Corner for Sale

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Business Description

Profitable Flower Shop with Upside Potential

Established, profitable, high volume, independent flower shop at prime landmark corner location, in the heart of the San Fernando Valley, with consistent year-over-year sales growth. Approximately 70,000 cars per day at signalized intersection. Shop has high visibility from all directions, large/prominent signage, and abundant dedicated parking. Recently installed walk in cooler, stainless work stations, and stainless tub sinks. Over 85% of sales are from walk-ins and call-ins (minimal wire service and internet business). Great opportunity for internet savvy operator to further ramp up sales through better online presence and online marketing.

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Detailed Information

Location:
Los Angeles County, CA
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
11/30/2029
Employees:
10
Facilities:
Approximately 3000 square feet store with adjacent 20 space parking lot. Existing inventory and certain trade fixtures are not included in sales price. Existing counters, cooler, and trade fixtures are owned by building owner but included in lease/rent.
Competition:
Shop is located in the middle of the San Fernando Valley (current population of 1.75 million people). Location also provides access to lucrative adjacent markets of Calabasas, Conejo Valley (Thousand Oaks, Westlake, etc.), Burbank, Glendale, Malibu, Beverly Hills and West Los Angeles.
Growth & Expansion:
Over 85% of sales are from walk-ins and call-ins. Great opportunity for internet savvy operator to further ramp up sales through better online presence and online marketing. Also, owner is actively engaged in other businesses, so productivity and profitability gains can be easily achieved through more active management of the business.
Financing:
Options to extend lease term available
Support & Training:
Support and training will be provided by Seller for 2 weeks.
Reason for Selling:
Owner wishes to fully transition to other/outside business activities.
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Business Listed By:
Michael Dexter

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