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Profitable 40 Year Old Florist For Sale

Virginia Beach, Virginia, US
Asking Price:
$199,900 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$406,940
Cash Flow:
$76,473

This local and well known florist has been operating in the area for over 40 years. They are known for providing a high quality product and great customer service, so customers come back year after year! The profit has been consistent over the years but still has plenty of areas for growth for a new buyer. The current seller has a general manager in place and 5 part time staff that manage most of the day to day operations. The location is in a well known area of the city, with lots of space for growth.

Property Information

Real Estate:

Lease

Lease Terms:

exp 2026

Leasehold Rent:

$53,400 per annum

Location:

Located in a high end and well known shopping area. Plenty of space and parking for growth.

Size in square feet:
2,400

Business Operation

Expansion Potential:

Increase advertising and social media as very little advertising being done

Competition / Market:

Other Florist in the area but do not have the quality.

Reasons for selling:

Other Business Opportunities

Trading hours:

M - Sat

Employees:
6
Years established:
1980

Other Information

Support & training:

2 weeks

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

TBD

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$8,100 - included in the asking price