Florist
Location: Washington > Whatcom County
Industry: Retail Stores > Florist
Financials
Asking Price: $199,000
Gross Revenue: $580,620
Gross Revenue Comments: Up from $557,414 in 2006
Cash Flow: $80,000
Inventory: $30,000 (Included in Asking Price)
FF&E: $35,000 (Included in Asking Price)
Seller Financing: Seller will consider financing a minor portion of the acquisition to assist with SBA financing.
Business Summary
This business is a 63 year old floral & home interior shop located in the heart of downtown in a picturesque waterfront college town that is increasingly becoming popular as a retirement venue. Owned & operated by the same family since 1945, the business has an established reputation for providing a high level of customer service and superior products to the local community. This statement is confirmed by the shop’s frequent selection as the florist of choice by the reader’s of the local newspaper. The business employs Teleflora as a wire service.
About the Business
Year Established: 1945
Employees: 1 full time - 9 part time
Facilities: The business is located in approximately 3000 square feet of space with 2300 square feet of street level space & an additional 700 square feet of upstairs mezzanine. Monthly rent is currently $2426 per month. This amount is reduced by $500 per month received from a sublease tenant located in the mezzanine. The current lease expires on June 30, 2010.
About the Sale
Management Training and Support: The seller will provide an appropriate transition training period to smoothly transfer ownership of the business.
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:894465
Seller ID:FL W01
Business Listed By
Name:Gregory Kovsky
Company:IBA
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