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Listed by:

Regal Consulting Corp.

Florist In Warren County For Sale

Warren County, New Jersey, US
Asking Price:
$199,900 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$504,000
Cash Flow:
$80,000

Owner financing for this This is a wonderful business opportunity for this successful business, located in northern New Jersey and in the county of Warren. The company has a gross yearly income of $504,000 and $80,000 plus net yearly cash flow. This sale opportunity consists of a successful florist retail shop that offers a full menu of flowers and additional items. The florist delivers courteous, professional service and the highest-quality floral and gift items in the area.

Their experienced designers offer the best possible flower arrangements for any occasion. They will also collaborate with you to ensure your floral designs will complement your occasion and meet your budget and style expectations. They are affiliated with all local funeral parlors / businesses, and they offer daily delivery service to all local funeral homes, hospitals, and nursing homes.

They offer dependable professional service to Northern New Jersey and will design and deliver flowers that beautifully convey your expressions. Their beautiful selection of high-quality flowers and eye-catching design styles are sure to bring rave reviews on your wedding day or at any festive occasion.

Their trained floral experts are ready to help you make your wedding day special by planning a wonderful, joyful, and easy experience. This is a dependable business opportunity and based on the asking price, this company expects to supply a consistent investment return to the owner operator prior to debt service.

Property Information

Real Estate:

Lease

Lease Terms:

The business has an assignable commercial lease which expires 2023-01-01 plus additional options, with a monthly rent of $3,240, cost per square foot is $18.24 and rent security $5,000.

Leasehold Rent:

$37,200 per annum

Lease Rent:
$18 per sq ft per annum
Location:

The business is in a mid-size mall with various other successful businesses. This opportunity is located in Northern New Jersey, Warren County, which consists of various communities with continued demand for this particular industry.

Premises Details:

The retail facility consists of approximately 1,800 square feet with a professional appearance and is located on an active county road conveniently

Size in square feet:
1,800

Business Operation

Expansion Potential:

The business presently has a limited marketing budget and if improved can further develop the business bottom line net income.

Competition / Market:

To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.

Reasons for selling:

The owner will remain post-closing for a minimum of 60 days in order to supply an appropriate transitional period to the new operator.

Trading hours:

The business is active six days per week, with hours from 9:00 am to 5:30 pm.

Employees:
This particular business has two-part employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $1,800.
Years established:
1985

Other Information

Support & training:

The owner will remain post-closing for a minimum of 60 days in order to supply an appropriate transitional period to the new operator.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

seller financing has been approved to a qualified buyer with an appropriate down payment, collateral credit rating.

Furniture / Fixtures value:
$90,000 - included in the asking price
Inventory / Stock value:
$2,000 - included in the asking price
Relocatable:
This business can be relocated.