Established Small Florist

Location: Canada -> Ontario -> Mississauga
Industry: Retail > Florist Retail

Businesses for sale Summary

A turnkey operation, with a professional & established website, this small florist shop for sale is in an excellent commercial location with no competition in the vicinity. This, along with the shop’s personal service, attention to detail and always providing the freshest flowers in beautiful arrangements, has made the shop the ”florist of choice” in the area. Commercial & event business makes up about 70% of the shop’s business, with repeat business thanks to the owner’s top notch customer service. The shop caters to the local hotel, convention and corporate businesses. Walk-in traffic, which is all commercial, has increased recently thanks to the shop’s increased visibilty with new signage. After building the business for the past 15 years the owner is now moving away – and will provide training and transition to the new buyer. As the seller has not done any business development work in years, the buyer of this business will want to make more contacts directly with businesses and hotels in the area. Asking $68,000.

Financials

Asking Price Range:  < $250K
Gross Revenues:   $137,000
Cash Flow:   $48,300
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $14,000
Seller Financing:  No

About The Business

Year Established:  1993
Number of Employees:  1 – 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will provide training & transition.
Reason For Selling:  Seller moving away.