Upscale Flower Shop

DC

Seller Financing Available
Upscale Flower Shop
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Asking Price: Get Financing: $600,000

Cash Flow: $96,000

Gross Revenue: $1,834,000

EBITDA: N/A

FF&E: $74,000

Inventory: $14,000

Lease Rate: $7,500 /Month

Established: 1938

Upscale Flower Shop

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Business Description

This is one of the most popular and attractive flower shop located in one of the fastest growing and the most powerful capital of the world! The loyal management, flower designers, and employees with long history of employment are in place. Current owner has minimal involvement with operation. The revenue is generated from online orders, foot traffic, wedding and funeral event, corporate event and function, hospitals, and many more. The business has no low margin order from FTD or Teleflora. They have very impressive website with high traffic and exposure on internet.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,884
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in great location in North West DC with good foot traffic and surrounded with popular nationwide businesses and residential.
Competition:
There are limited flower shops with this level of revenue, Customer service, upscale quality, high rating for customer service, loyal corporate and business clients, long history of success, and the best website with high ranking of Google Analytic.
Growth & Expansion:
This business is ready for someone who has a good vision and marketing skills to grow the revenue and cash flow to its maximum potential.
Financing:
Seller might negotiate partial financing to qualified buyer
Support & Training:
The Management will provide two weeks of training free of charge to new owner. Beyond that would be based on mutually agreed term.
Reason for Selling:
Owner has a large operation and would like to phase out this business
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Contact the Seller

(from currently available funds)
 
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Mike Zarinbaksh, MBA, CBI, M&AMIC

Business Listed By:
(Mike) Majid Zarinbaksh, MBA, CBI

Sunbelt Business Advisors

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