Well Established Full Service Florist

Fort Wayne, IN (Allen County)

Seller Financing Available
Well Established Full Service Florist
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Asking Price: Get Financing: $99,900

Cash Flow: $60,000

Gross Revenue: $279,000

EBITDA: N/A

FF&E: $45,000

Inventory: $27,000*

Established: 1997

*not included in asking price.

Well Established Full Service Florist

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Business Description

This full-service florist is known for putting the customer first. This excellent reputation is evident in the fact that sales have grown every year for the past three years. The current sales are a combination of beautiful fresh cut flowers and thoughtful retail gifts. The florist also has an enviable combination of walk-in traffic and local delivery. The customer-friendly website makes ordering online easy and features options that customers can’t find anywhere else. A new owner can take the business to the next level with a little effort or a large amount of capital. There is plenty of room for growth.

Detailed Information

Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The spacious 1500 Sq. Ft. retail space comes with an incredible 3000 Sq. Ft. of storage. The retail space boasts a design room that features a walk-in cooler, which serves as both a space for beautiful floral displays and convenient bloom storage. Loading deliveries could not get any easier with the attached garage. The garage also features three-door cooler that the owner installed in November of 2016 for $8,300. The cooler is a great way to keep deliveries fresh for customers. The parking lot is in great shape and provides ample parking. The owner has meticulously maintained the location so it has superb curb appeal. Finally, a unique feature of this full-service florist is the apartment above the shop. It’s 1500 Sq. Ft. and would be a great living space or additional source of revenue for the new owner. The apartment currently rents for $1,000/month.
Competition:
This full-service florist known for going the extra mile to provide high-quality products, and they have the best customer service in the area. The business has a strong social media presence that the new owner could take advantage of and expand further. There are currently 3 wire services and a POS system in place.
Growth & Expansion:
The business could grow with additional weddings and corporate events. The facilities also provide an excellent opportunity for the new owner to sell popular annuals and perennials in the spring and summer months.
Financing:
Seller will consider financing for a qualified buyer.
Support & Training:
Owner will provide training and support for a smooth transition. PLEASE BE ADVISED: PRIOR TO THE RELEASE OF ANY CONFIDENTIAL INFORMATION, THE SELLER REQUIRES ALL BUYERS TO DISCLOSE THEIR FINANCIAL QUALIFICATIONS THROUGH COMPLETION OF A CONFIDENTIAL BUYER QUESTIONNAIRE ALONG WITH A NON-DISCLOSURE AGREEMENT. SELLER’S APPROVAL OF SAME IS REQUIRED BEFORE CONFIDENTIAL INFORMATION IS RELEASED. PLEASE CONTACT OUR OFFICE FOR THE FORMS AT 800-636-7046
Reason for Selling:
Retirement
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(from currently available funds)
 
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Ricky Kerns

Business Listed By:
Ricky Kerns

Midwest Business Brokers Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.


Sponsoring Broker:
Dan Replogle, CBI, CBC, CCIM, M&AMI

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