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Listed by:

Core Corporate Advisors

Broker license number: SL3280549

Boutique Floral Shop For Sale

Southwest Florida, Florida, US
Asking Price:
$640,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,085,255 (USD)
Cash Flow:
$232,911 (USD)

What you see is what you get with this business. There are no games being played. Everything is fully transparent with all income and expenses being fully reported on the Tax Returns.

This is a full service Floral Boutique offering unique floral arrangements for any occasion or event. The business has an excellent reputation in the community and enjoys a large volume of repeat business. They prepare, design and deliver fresh cut floral arrangements & plants for all occasions.

Revenues are derived from the sale of Floral arrangements for Individual Customers, Corporate Customers, Weddings, Funerals and Special Events. There are currently 10 well trained established staff members (including the owner) in place to handle day-to-day operations, as well as high volume holidays. Although there is no guarantee, key employees will most likely stay on after a sale to a new owner.

The Business model that is currently in place is easily transferrable to a new owner. Since opening its doors for business in 2018, the business has grown exponentially year over year, resulting in strong bottom line profits. There is a strong foundation in place to ensure continued growth and success for a new owner. The business has proven to be both recession & COVID-19 proof, with Internet Sales exploding during COVID-19. These sales have stabilized in the aftermath with a large percentage of the company’s business being done over the internet. As a result, the business through 2021 hit a record high with respect to both sales and sellers discretionary earnings. They have talented Designers who create beautiful arrangements that are displayed in the store, along with a wide variety of gifts, plants, holiday items and various sundries in a boutique style atmosphere. This Floral Boutique is synonymous with quality products and services.

The business operates out of 1,500 Sq. ft. of space consisting of a beautiful well appointed showroom, a prep area, walk in coolers and a warehouse area for storage purposes. The shop is ideally located in a busy strip center which is well known to the residents of the local community. Included in the sale is roughly $150,000 of salable inventory (at cost), Two Coolers, Furniture, Fixtures & Equipment, having a depreciated Fair Market Value of roughly $80,000, one Cargo and two Transit Vans valued at roughly $75,000 as well as a very user friendly Point of Sale (POS) system.

If you are looking for a business with clean books and tons of potential, this is it!!!!.

Pre-Approved for SBA Loan and should qualify for E-2 Visa Buyer.

Property Information

Real Estate:

Lease

Lease Terms:

The current lease expires in February of 2023. A buyer will need to negotiate a new lease. The current owner indicated that the landlord will most likely be amenable to a favorable lease to a new owner.

Leasehold Rent:

$41,088 (USD) per annum

Location:

Sarasota County on the Southwest Coast of Florida

Premises Details:

The business operates out of 1,500 Sq. ft. of space consisting of a beautiful well appointed showroom, a prep area, walk in coolers and a warehouse area for storage purposes. The shop is ideally located in a busy strip center which is well known to the residents of the local community. Included in the sale is roughly $150,000 of salable inventory (at cost), Two Coolers, Furniture, Fixtures & Equipment, having a depreciated Fair Market Value of roughly $80,000, one Cargo and two Transit Vans valued at roughly $75,000 as well as a very user friendly Point of Sale (POS) system

Business Operation

Expansion Potential:

A new owner who is tech savvy and has a strong marketing plan can easily take this business to a whole new level. The current owner does no marketing or advertising with all business being referrals and word of mouth.

Competition / Market:

he business operates out of 1,500 Sq. ft. of space consisting of a beautiful well appointed showroom, a prep area, walk in coolers and a warehouse area for storage purposes. The shop is ideally located in a busy strip center which is well known to the residents of the local community. Included in the sale is roughly $150,000 of salable inventory (at cost), Two Coolers, Furniture, Fixtures & Equipment, having a depreciated Fair Market Value of roughly $80,000, one Cargo and two Transit Vans valued at roughly $75,000 as well as a very user friendly Point of Sale (POS) system

Reasons for selling:

Owner wishes to retire in order to travel and spend more time with her family.

Trading hours:

Thursday 8AM–5PM
Friday 8AM–5PM
Saturday 8AM–3PM
Sunday Closed
Monday 8AM–5PM
Tuesday 8AM–5PM
Wednesday 8AM–5PM

Employees:
10
Years established:
5

Other Information

Support & training:

The Owner will remain on for two weeks with not pay and will stay on for an extended period of time to assist with a smooth transition as a paid consultant/sub-contractor or other satisfactory compensation agreement.

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

The Business has been pre-qualified for an SBA loan. The owner is open to discussing owner financing for a qualified buyer.

Furniture / Fixtures value:
$155,000 (USD) - included in the asking price
Inventory / Stock value:
$150,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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