Undisclosed Atlanta’s Premier Luxury Florist

FINANCIAL INFORMATION
  • Asking Price: $395,000.00
  • EBITDA: $210,000.00
  • Gross Revenue: $914,000.00
  • Cash Flow: $210,000.00
  • FF & E: $15,000.00
  • Inventory: $5,000.00
  • Financing: No
BUSINESS LOCATION

Atlanta

DESCRIPTION

This is a unique opportunity to acquire one of Atlanta’s oldest and most admired Luxury Florists. There are 3 FT and 4 PT well trained and highly dependable employees that run the shop. The deliveries are all serviced by couriers, and generate a profit on each delivery. Unlike most florists the flowers are purchased directly from growers and brokers, which ensures better quality, and greater margins.

It is important to note that this florist does no incoming wire orders which equates to much higher margins than the typical florist realizes. The shop does NO advertising and relies entirely on repeat and referral clients.

The current owner dedicates less than 20 hours per week, and relies on the talented staff to run the day to day operations.

This business must be relocated from its current location no later than March, 2022. The current owner recommends that the new space should be in the 1,200 to 1,400 sq. ft. range.

This would be an excellent acquisition for an existing florist to bring in-house and add to their existing book of business.

INVESTMENT HIGHLIGHTS:

  • This business has been in continuous operation in the same area since 1986.
  • This brand is synonymous with Luxury Floral Arrangements.
  • The average arrangement is $185.00, which is significantly higher than the industry average.
  • The deliveries are provided by a courier, and are a profit center.

GROWTH OPPORTUNITIES:

  • The business does NO advertising, and relies entirely on repeat and referral clients.
  • A new owner could easily begin pursuing events and corporate clients.
  • A new owner could consider the addition of incoming wire service orders.

REASON FOR SALE

Retirement.

FACILITIES

The Buyer will need to relocate the business no later than March, 2022. The Seller is recommending a 1,200 to 1,400 sq. ft. space.

Details

  • Home Based: No
  • Franchise: No
  • Distressed: No
  • Relocatable: Yes
  • Year Established: 1986
  • Year Acquired: 1986
  • Willing To Train: Yes
  • Real State Available: No
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Is Management Staying: No
  • Days Open: 6 Days
  • Hours Open: Mon-Fri 9-5 pm, Sat 9-2 pm
  • Full Time Employees: 3
  • Part Time Employees: 4
  • Building Size: 2500 Sq. Ft.
  • Listing Id: SA1581

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