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Very Profitable Florist For Sale
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $200000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1993
Number of Employees 1 - 3
Inventory 40000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Owner will provide training and may consider working for new owner
Reason for Sale Retirement
Description This business is family owned and operated. They are committed to offering only the finest floral arrangements, fresh cut flowers, plants and gifts for any occasion, backed by service that is friendly and prompt. Their retail shop includes flowers, floral arrangements, an extensive gift line such as gift baskets, ''knick knacks,'' candles and greeting cards. The business was established over 40 years ago in the same community which makes this the place to go for flowers. The business is located in a busy strip mall with nearly 20,000 cars passing by on a daily basis. The mall is anchored by a grocery store, large scale restaurant, hardware store, a community bank, auto service and multiple independently owned businesses. They service many area hospitals (2 within a 15 mile radius with a new one planned for development within 2 miles) multiple specialty hospitals and health centers, a retirement community (within 4 miles with 5,400+ homes) and funeral homes (10 within their delivery area). Additionally, there are nearly 30 assisted living/nursing homes that can be partnered with in the area. The business also has a nationwide floral network enabling them to fill orders across the country.
This is a tremendous opportunity to take advantage of a highly visible brand with an impeccable reputation that has been built over the years. If you're in the flower business this is the perfect opportunity to add a second location. However, an Owner / Designer could grow this business with additional gift items and increased marketing /networking with other business owners in addition to continuously building an online brand. Growth is only limited by a new buyer's desire to grow the business. The current owners are willing to stay on through a transition period and may consider working part time for the new owner. Seller financing is available for the right buyer. Please call Chris Pinion at 847-846-5371 for more information.
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