Catylist ID:
#30785968
PREMIER LUXURY FLORIST
Undisclosed Address, Sarasota, FL
Business Opportunity
for Sale
| Catylist Listing ID: | 30785968 |
| Property Subtypes: | Professional Services |
| Building Size (RSF): | See Agent |
| Sale Price: | $699,000 |
| In Opportunity Zone? | Yes |
| Gross Revenue: | $1,328,000 (Annual) |
| Cash Flow: | $158,000 (Annual) |
| Cash Flow Type: | EBITDA |
| Last Updated: | 5/3/2023 |
Overview / Comments
|
This locally owned and operated, full-service flower shop, specializing in weddings and events, offers unique premium floral arrangements for any occasion. Their impeccable reputation makes it a “Preferred Florist” on numerous wedding venue lists. This shop creates an average of 225 weddings a year! They provide a full array of flowers, arrangements, interior plants, special occasion gifts, Christmas decorations, etc. This is a highly-established and well-managed business that provides extraordinary flower arrangements to both commercial and retail customers. This business has been proven both COVID- and recession-proof as people continue to express their feelings by sending flowers multiple times per year. This is a perfect business for an owner-operator or absentee-owner. The company’s principal has been in the floral industry for her entire business career. She has four key employees who can completely run the business. The lead designer has been with the company for more than seven years and the lead wedding sales manager has been on board for six years. These two associates have been in the wedding and event business in Florida and the mid-west for well over two decades. The design room manager has been with the company for two years after retiring from successfully running his own floral business in New York for thirty years. This is a turn-key business with a strong, loyal customer base of individuals, corporate accounts and local philanthropic organizations. Included with the sale is a walk-in cooler, two cargo vans, all furniture, fixtures, equipment, tools, inventory, digital assets, established published phone number, 3,000+ customer database, exceptional websites, point of sale system, and credit card processing system; showroom, consultation studio, warehouse, prep areas, and walk-in cooler are all on premises. The business has invested a great amount of time and capital into its website/e-commerce platform which has led to dramatic revenue growth and an increase in average order size. Excellent and accurate books and records are available. |
Additional Details
| Industry Segment: | Other Professional Services |
| Reason for Selling: | Retirement |
| Value of Inventory Included ($): | $150,000 |
| Value of Furniture, Fixtures, and Equipment ($): | $25,000 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Mgmt/Training Support Description: | four weeks |
| Seller Financing Description: | Possible owner financing based on Buyer financials etc |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,403 | 83,281 | 168,325 |
| Median Age: | 41.53 | 45.43 | 47.86 |
| Households: | 6,284 | 37,116 | 77,217 |
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