Established High-End Retail Florist - 60+ Years of Continuous Operation
This prestigious florist business has been serving an affluent Los Angeles community since 1961, representing over six decades of continuous operation and brand recognition. Located in a prime neighborhood shopping center with excellent street visibility, this high-end retail and event florist generates $1.2 million in annual revenue with $110,000 in seller's discretionary earnings.
Business Overview:
- Annual Revenue: $1,200,000
- Cash Flow (SDE): $110,000
- Established: 1961 (60+ years of operation)
- Location: 2,100 sq ft in a busy neighborhood shopping center
- Lease: Secured through February 2034 at $11,723/month
Key Strengths:
- Dominant market position as the only high-end retail florist in immediate area
- 30+ years in current prime location with exceptional street frontage
- Strong established customer base and excellent reputation
- Experienced team in place
- Unique, well-appointed physical space
- Recent 5-6% year-to-date retail growth
Growth Opportunities:
- Expanding event business with newly hired experienced designer
- Developing corporate accounts and estate clientele
- Leveraging established brand for additional revenue streams
Financial Details:
- FF&E valued at $118,000
- Inventory included in sale
- Seller financing available
- Lease secured for 10+ years
The current owner is relocating and will provide two weeks of on-site training plus ongoing phone/email support. This turnkey operation offers an exceptional opportunity to acquire a well-established, profitable business in one of Los Angeles' most desirable markets with significant growth potential in the lucrative events sector.
