This business is 85% staging, decorations and floral arrangements for weddings, corporate events, holiday installations and private parties, and 15% retail, special order/deliveries. The business has established long term repeat relationships with wedding planners, corporate event organizers and private clients for its award-winning wedding and event work. Existing staff and training/transition assistance from the retiring owner will ensure a smooth transition. This is a great opportunity for a new owner with business development and creative floral design interests. Growth opportunities include expansion of wedding/special events and/or retail operations, depending on the desire of a new owner. The business operates out of a unique studio, which is available for purchase or lease.
- Asking Price:
- $349,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $568,000
- Cash Flow:
- $177,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Historic 1896 Victorian home converted into a studio, located in a convenient West Wash Park neighborhood of Denver. The studio includes 1,383 sf of workspace and storage. There is additional inventory in off-site storage. The real estate is being offered separately for purchase or may be leased with the business.
Business Operation
- Expansion Potential:
-
Increased marketing for weddings/events, corporate meetings, and/or expanded retail focus.
- Competition / Market:
-
Other event planning companies and retail florists.
- Reasons for selling:
-
Step back from full-time role to spend more time with family
- Employees:
- 23
- Years established:
- 16
Other Information
- Support & training:
-
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations. Seller would continue to work part-time for new owner to maintain client relationships.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
The Seller will entertain offers of varying financial and legal structures.
- Furniture / Fixtures value:
- $35,000 - included in the asking price
- Inventory / Stock value:
- $1,000 - included in the asking price
