Active
Florist Near NYC Metro Boasts SDE Over 25%! (17995)
This florist boasts excellent ratings and reputation for gorgeous high-quality flower arrangements, decorative plants, & gift items.
- Outstanding location! As part of the thriving New York Metroplex, Bergen County is an affluent area in New Jersey with great reputation!
- Awesome reviews! Arrangements are made and delivered for holidays, special occasions, events and services.
- Great reputation! Longtime relationships (over 55 years) with repeat clients & large community ensures fast growth and peak ratings!
- Stronger marketing & tradeshow efforts would easily lead to growth.
- Able to reach Sales of over $1.14 Million in a year, Revenues totaled $1,118,658 in 2023 alongside Discretionary Earnings of $332,767.
- With key employees able to keep operations running during vacations, new ownership is set for success!
- Involved ownership is available for a standard transitioning period.
- Ample parking plus prime retail shop of 3,000 square feet includes leased storefront, office, workroom, stock room, and cold storage for fresh flowers.
- Walk in traffic of at least 40 or more daily! Plus marketing efforts of verbal referrals, direct client contact, website, social media, radio and printed ads.
Listed By: David Michaelson
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Background information
Seller Number:
17995
Year established:
1969
Reason selling:
Ready fot retirement.
Finance
Sales:
$1,118,658
Profits:
$332,767
Profit type:
Discretionary Earnings
Operations
Employees:
8 nonunion.
Equipment:
$291,963
Inventory:
$42,000
Premises
Facility:
Property is available for a renewable Lease.
Square footage:
3,000+/-
Opportunities
Market:
Referral Sources, Direct Client Contact, Website, Social Media, Radio & Printed Ads.
Price and terms
Price:
$1,100,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Involved ownership is available for a standard acclimation period.