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Custom Event And Floral Design Company For Sale

Denver, Colorado, US
Asking Price:
$349,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$568,000
Cash Flow:
$177,000

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.

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

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