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Commercial And Retail Floral Manhattan In New York For Sale

New York
Asking Price:
$437,500 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$750,000 (USD)
Cash Flow:
$350,000 (USD)

Since 2002, this floral business has successfully serviced boutique hotels, corporate offices, wealthy individuals' homes, weddings, bar/bat mitzvahs,and corporate events.. The owner is now open to taking on a 50/50 value-added growth partner to scale up the business further and to prepare for his eventual retirement. Alternatively, he would consider selling it outright and staying on for a year or two to provide all the transitional support and training you'll need to run it successfully on your own. A partner should come with his or her own rolodex of potential new accounts and financial/ accounting acumen to compliment the owner's many strengths. He has been in the floral business over 50 years (since the age of 8) and knows how to source product and design as well, if not better than, anyone else. That's why he is able to command such high profit margins. Besides the owner, there are three other loyal full-time employees: one who designs and does set ups, another who does social media and is learning to design, and the third, who drives and delivers. Over 90% of sales are by check or on credit cards and are, therefore, easily verifiable. This is primarily a commercial rather than retail business, so don't be deceived by appearances when you go by. Please do not speak with employees or customers about the business being for sale should you walk in, nor ask to speak with the owner. Instead, kindly call the listing broker, Jay Goldman, to make an appointment to meet with him and get a full tour of the facilities.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

The owner is willing to take on a 50/50 value-added growth partner or sell 100% of his business and stay on for transitional support & training.

Employees:
3

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

437,500.00 Down & The asking price is for a 50% stake in the business. The cash flow represented is for 100% of the business.

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD) - included in the asking price

Contact Information

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