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Established Flower Shop

Wayne County, MI, USA
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Businesses For Sale | Flower Shops For Sale

Listing ID : 427373

Posted on February 8, 2024 View Count 4

Price :
$75,000
Business Financials & Assets :
Gross Revenue:
$151,016
Cash Flow:
$66,501
Year Established:
2018
Inventory Included:
No
Estimated Value of Inventory:
$10,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Property Details :
Business Details :
Number of Employees:
3
Absentee Owner:
No
Business Can Be Moved:
Yes
License Included:
No
Real Estate:
Leased
Rent:
$2,150
Type of Lease:
Gross Lease or Full Service Lease
Building Size:
1,200 Sq. Ft.
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Financing:
Seller Financing: Business Price: $75,000 Down Payment: $50,000 Monthly Payment: $506.91 Interest Rate: 8% Amortization Period: 60 Months
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Located in Suburban Wayne County, amidst a bustling neighborhood, stands a unique 1,200 sq. ft. flower shop, established in 2018. The brainchild of two travel-enthusiast partners, this establishment celebrates global floral diversities.

While they’ve carved a niche brand, the partners are transitioning due to other commitments. Serving the Canton community, especially weddings and events, their strategic digital marketing approach has fortified a robust and loyal clientele, bypassing reliance on referral platforms.

With limited local competition, the shop’s brand shines. Their Shopify-enabled platform ensures smooth e-commerce operations and accurate transaction records. Flowers are locally sourced, with ancillaries procured online. Noteworthy assets include owned coolers, furniture, equipment, and an inventory between $5,000 to $10,000. The shop smartly uses delivery services over owning vehicles, and a comprehensive training plan awaits the new owner for seamless transition.

Financially, the shop’s growth is evident, with a cash flow of $66,501 in 2022, up from $56,778 in 2021. A small team efficiently manages peak seasons, with growth potential through partnerships with funeral homes, event planners, and wedding services.

In summary, this flower shop is a unique blend of brand strength, service quality, and global inspiration, offering a prosperous opportunity in the floral sector.

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