Growing Fairfield County Florist For Sale

Business description

This florist merged with its competitor in November 2005. As a result of the merger, business is up 60%, and profits are up as well. The Sales and Cash Flow figures are estimates, based on actual from December 05-June 06, and projections for June 06-Nov 07. The business employs two full time employees and seven part time employees. The weekly payroll is $2700 and the rent is $2450 per month. If you are looking to enter into this vertical, this would be a good buy.

Property information

Location:

Beautiful Flower shop in one of Connecticut's well known towns. Great drive by location, plenty of parking. Approximately 1350 square feet.

Business Operation

Expansion potential:

Continue to market to corporate accounts. Increase advertising.

Competition / Market:

There is normal competition from grocery stores and gas stations, but this is the only florist in town.

Reasons for selling:

Family

Employees:

5

Years established:

1965

Other information

Support & training:

As negotiated but minimum of 2 weeks

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$20,000 (included in the asking price)