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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

Established Florist With Real Estate

Established Florist With Real Estate

Oakland County

Listing#: C2614

CBB-website tags Small v1-2-03CBB-website tags Small v1-2-02
Description

Our firm is proud to present a long-established flower shop with real estate in a growing area of Oakland County. The current owner has been in the floral business for over 50 years and has built an amazing book of business. The staff specializes in all types of floral arrangements and making the world’s most beautiful bouquet of flowers for any occasion. All employers have many years of experience and have been with the business for years. This business is currently running owner absentee and is turnkey for a new owner to step in. Many of the sales come from online services such as Teleflora, followed by local customers, web sales, and walk-ins. Marketing more to the local area can raise the sales more than 20%. The business has state of the art POS systems that track inventory and orders with one click.

The sales at the florist have been consistent through the years. It strived during Covid with $362,804 in gross sales with the owner doing a lot more online and contactless sales and deliveries. With the new techniques the seller implemented 2021 is expected to be an outstanding year in sales.

The building is located walking distance from union lake and is in the upscale part of Commerce township. The 4,000 + SQ FT beautiful building has two walk-in refrigerators to hold flowers fresh, a large showroom with tons of displays for customers to pick from, and the back of the building has a large work area with all the equipment and tools needed to create all types of floral displays. The building has newer AC/heating units and can be divided into two units if a new owner so desires. It also has a full kitchen and bath and other unique features that make it stand out from other flower shops.

This is truly an amazing business and building and a new owner can do modern marketing to grow the sales dramatically without outgrowing the space too quickly.

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Business Overview

Revenue $313,362
Cash Flow $70,852
Inventory $100,000 +/-
Year Established 1970
Seller Financing No
Employees 3FT 4PT
Asking Price $100,000
Key Statistics
  • Hours of Operation: Monday - Friday: 9 AM - 5 PM

  • Employees: 3 Full Time 4 Part Time

  • Year Established: 1970

  • Year Acquired: 1970

  • Liscence Required: Sales Tax

  • Seats: N/A

  • Parking: Ample

Financial Information
  • Gross Sales: $313,362

  • Source: Tax Returns

  • Cash Flow: $70,852

  • Source: Tax Returns

  • Inventory Value: $100

Seller Financing
Not Available


Location
Real Estate Available for Purchase

  • Real Estate Price:340,000

  • Purchase Terms: Cash

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Disclaimer

This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.