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Growing Florist With High Margins In Kings County For Sale

Kings County, New York, US
Asking Price:
$550,000
Sales Revenue:
$900,000
Cash Flow:
$450,000

Growing Florist with high margins in busy Brooklyn area. This business has been on an upward trend since it opened a few years ago. Sales actually increased in 2020. In fact, they just moved to larger 1200 sq. ft. space with very low overhead. The rent is only $2,600/mth. with 8 years remaining on the current lease. They work primarily with schools, funeral homes and churches in the area. 2020 sales were $900,000.00 (35% online sales, 15% retail walk-in and 50% contract funeral work) with a cash flow of $450,000.00. No Teleflora or FTD. It is ideal for a floral designer who wants a business that is in the green. A new owner can re-capture a good portion of the cost of this business if purchased in time for the upcoming holidays. Demand should only grow as the 2020 recovery continues. There are 4 F/T employees. An owner can be present if he/she chooses, but this business is automated and the employees are willing to stay with new owner after transition. A new owner does not need to have floral experience, but should come weekly to keep up to date with inventory and collect money in the register. This business is 80% credit card and check transactions. This business is rated 5 stars with over 100 Google reviews. The owner is offering 60 days of training to a buyer. We are seeking a serious and financially qualified buyer with at least $350K in liquid funds. Proof of funds shall be requested prior to a buyer-seller meeting.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-31668 for instant access to this business information.

Business Operation

Reasons for selling:

Selling due to pregnancy.

Employees:
4FT/1PT

Other Information

Support & training:

Seller will train

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

350,000.00 Down & $200K over 3 yrs. @ 6%

Furniture / Fixtures value:
$50,000

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