Award-winning and top Google rated florist in business 20+ years

 

This award-winning and top Google rated florist has been in business for over 20 years. The company built and manages its own full-function website, **no fees to 3rd party sellers like FTD and 1-800-Flowers. Also, the company fulfills its own orders and does not rely on 3rd party fulfillment. Almost half of the revenue is from events and weddings with over $200k in pre-booked events. The 30% held in deposits for any events after closing is included in the price and will be transferred to buyer at closing. They have a diversified customer base, the largest customer in 2023 accounted for less than 6% of gross sales and the second largest, just under 3%, all others are less than 1%. The owner lives out of state and spends approximately 10 hours per week on average working on this business. As a result, the company is overstaffed with high on-site labor costs, and this presents a strong opportunity for an involved owner to lower labor costs and increase profit. With the cost of goods just over 40%, there is plenty of room for improvement by an on-site operator, or another company in the region wanting to expand their operations into the Northwest Denver and Boulder area.

Asking Price: $275,000
Cash Flow: $33,217
Gross Revenue: $1,179,927
FF&E: $48,370 (included in price)
Inventory: $10,000 (included in price)
Rent: $8,266 per Month
Seller Financing Available for a Well-Qualified Buyer.
Contact Jim DeShayes.

10/25/2024 2:05 pm

17 days, 15 hours

Listing ID 326671bd9a6c8c3b 71 total views, 6 today

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