Proven Flower Business – Motivated Owner

Sevier County, TN

Proven Flower Business – Motivated Owner
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Asking Price: $35,000

Cash Flow: N/A

Gross Revenue: $116,494

EBITDA: N/A

FF&E: $3,000

Inventory: $10,000

Rent: $1,750 /Month

Established: 1999

Proven Flower Business – Motivated Owner

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Business Description

Great Location in the Heart of Smoky Mountain Tourism

A 20-year old floral business, located in a great location, in the heart of the Smoky Mountains tourist area. The flower shop has corporate and residential accounts with local businesses in Sevier County. Overall business comes from a mix of local residents and out of town tourists. At its peak, the business was doing sales near $200K; in 2018, total sales were $116K. Business has good reviews and a good customer base that can be easily grown. The owner is selling due to health issues.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Current owner also receives an apartment above the business location as part of the rent. Landlord is willing to split up for a reduced rate if the buyer is not interested in the apartment. Landlord will sign on for a long-term lease that is mutually agreeable to both parties. Current owner has month to month contract.
Competition:
One other flower shop in the area.
Growth & Expansion:
Expand business accounts with all the various local attractions and chapels in Sevier County (Gatlinburg, Pigeon Forge and Sevierville).
Reason for Selling:
health
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Doug Kose

Business Listed By:
Doug Kose

Transworld Business Advisors of Knoxville

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