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Denver Flower Delivery with $111K in Profit
$349,000Cash Flow: $111,886Seller Financing
Denver Flower Delivery with $111K in Profit

Denver, CO

In business since 1948, this Denver floral shop serves the entire Denver metropolitan area. Sales break down is 10% weddings, 20% funerals and 70% other sales, including FTD and Teleflora orders. The shop also carries a selection of vases, greeting cards, containers, balloons, and other related items. There are 10-15 employees on the payroll during normal times, using an average of 5-8 on a normal day; 3-4 FT designers, 3-4 PT designers, 3 FT drivers, 2-3 PT drivers, 1-3 PT sales/computer entry/general floral helpers. Additional 1099 drivers are used during the busier holiday seasons. Several of the floral designers have been with the business for 7 years or more. The current owner is looking to retire, and focuses her time on employee management, ordering and delivery routing. Sales have consistently been over $800K for the past 4 years, with a 13% profit margin for 2017. Assets included in the purchase are five delivery vans, work tables, displays, furniture, computers and inventory. Growth opportunities include increased marketing and social media presence, relationships with wedding vendors and funeral homes and participating in local/neighborhood events. The shop is located on a busy street, but increasing neighborhood visibility may increase an already steady stream of business. A 10% down payment of $34,900 returns $55,038 in the first year after debt payments.

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