Business For Sale Listing 142540
Florist – One of Top 1000 FTD
Status as of Sep-7-2008 at 06:00 PM: Active
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Business Summary
DESCRIPTION: This well-established business is one of southern coastal Maine’s leading florists. It has been voted a member of the Top 1,000 FTD Florists in the US for several years running. As a key part of the local community, the business has developed close ties with area churches, funeral homes and educational institutions. The shop handles weddings, funerals, special events and holidays. It has a wide delivery area and an outstanding reputation.
MARKET & GROWTH: The shop has a varied customer base and provides services for a wide variety of occasions. It has been able to competitively expand its service area beyond its local area. The business' high profile location has a built in customer base. The store's reputation draws customers from outside the area as well. A commitment to customer service together with quality merchandise and reasonable prices is the key to this store's success. The shop is located in one of the fastest growing areas in Southern Maine and there are several growth options for a new owner. Online sales are growing but added advertising into surrounding markets and more aggressive sales efforts could drive substantial sales growth.
FACILITIES: The shop is located on a highly visible corner lot on high traffic street. It has a large, attractive showroom and spacious work and storage areas. The business has an excellent lease at below market rates.
PRICE OF BUSINESS: $195,000
DOWN PAYMENT: $70,000
WORKING CAPITAL NEEDED: $10,000
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($525,000) |
| Profits: |
Under $100 Thousand ($90,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
Pro-forma |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($195,000) |
