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Florist And Gift Shop For Sale

Details: Asking price:$100,000; Sales revenue:$250,000; Net profit:$60,000; Fixtures value:$50,000; Inventory value:$50,000

Business description: Selling the florist and gift business that has been in operation for 40 years as I am retiring but still want to work part time. Business is located in small town in Northern Illinois

General information: Years established:40 years; Employees: 2 full time and many part time to cover peaks; Trading hours: M-F 9/5 Sat 9/1-Dec 7days/week; Real Estate: Lease; Lease terms:Owner owns the 4000 sq ft facility that could be purchased or continue to rent at $800 per month. Length of lease time, flexible; Location:Downtown on main street. Great location; Expansion potential:Plenty of space to expand products or services. Now it is a florist and gift shop. Chocalot is also sold; Competition / Market:Two fairly new flower shops in the town. Estimate the market share for this business at 75%; Support & training:Owner is award winning floral designer. Will train new owners and also work part time if needed; Reasons for selling:Owner has been at this location for 40 years. She wants to retire from ownership but still would like to stay in the business as a designer; Related documents: Click here to view related document Click here to view related document Click here to view related document