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Florist- Growing
Location: Fairfield County, Connecticut
Primary Category: Retail - Florists
Your Reference ID: 287
Financial Information
Asking: $265,000
Gross: $681,000
Cash Flow: $67,000
Furniture, Fixtures & Equipment: $25,000
Inventory: $20,000 (included in price)
Summary 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.
General Information
Facilities: Beautiful Flower shop in one of
Connecticut's well known towns. Great drive by location,
plenty of parking. Approximately 1350 square feet.
Competition: There is normal competition from
grocery stores and gas stations, but this is the only
florist in town.
Growth and Expansion: Continue to market to
corporate accounts. Increase advertising.
Support/Training: As negotiated
Reason Selling: Family
Year Established: 1965
Contact Information
Contact: Steve Lovas
Phone: 914 552 0888
Email:
slovas@chandalar.com
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