This retail florist prioritizes stunning arrangements and exceptional customer service in the heart of this community. With over 40 years of establishment, the business offers a turnkey operation and boasts a loyal customer base and high visibility. This opportunity is perfect for the passionate entrepreneur with a creative flair. Situated in an area poised for growth, the potential for success is limitless.
- Asking Price:
- $240,000 Furniture / Fixtures included
- Sales Revenue:
- $301,588
- Cash Flow:
- $97,333
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
There is no formal, written lease agreement. The building owner is the landlord. The business has been located at this location since the 1940s.
- Leasehold Rent:
-
$6,000 per annum
- Location:
-
Middle Tennessee. Located on the main street in the community. State of Tennessee Department of Transportation records show the average daily automobile traffic count to be over 13,000.
- Premises Details:
-
Located in a multi-tenant building on a the main thoroughfare in town. Building is on the corner of an intersection. Business has very high visibility.
- Size in square feet:
- 1,850
Business Operation
- Expansion Potential:
-
There has been no formal advertising or marketing campaign. For example, ad space in the Yellow Pages was discontinued. This is an excellent opportunity for a new owner to come in and craft a campaign designed around their desired goals and objectives.
An active Facebook page is maintained, but no targeted ads have been pursued.
The community is expected to grow at 0.64% according to the local Chamber of Commerce.
- Competition / Market:
-
Two other retail florists are in the community, but both are located on side streets or secondary roads. Grocers such as Kroger and Publix offer flowers but have no expertise in floral arrangements.
- Reasons for selling:
-
The owner wishes to retire and pursue other interests and hobbies.
- Trading hours:
-
Monday thru Friday - 9:00am to 5:00pm
Saturday - 8:00am to 2:00pm
Sunday - Closed
- Employees:
- 2
- Years established:
- 1945
Other Information
- Support & training:
-
Owner willing to provide 3 months of training
