Sold
Event and Wedding Boutique Floral Company-SBA Pre-Qual
Business Description
Very Profitable Main Street Business Seeking Owner Operator or Strategic Buyer!
This successfully operated 10+ year boutique floral company is positioned for continued and greater profitability as well as additional revenue lines. Confidential Information Memorandum (CIM) is available for review under NDA.
With COVID-19, company had a down year, yet came roaring back in 2021, with Q4 at ~$485K in booked events. Average income to Seller for past 5 years ranges from $200k-$366k.
With COVID-19, company had a down year, yet came roaring back in 2021, with Q4 at ~$485K in booked events. Average income to Seller for past 5 years ranges from $200k-$366k.
Listed By: Lisa Riley
Background information
Reference:
29619640
Year established:
2010
Reason selling:
Retirement
Finance
Sales:
$1,048,637
Profits:
$366,270
Profit type:
Discretionary Earnings
Operations
Employees:
8-15
Equipment:
$95,831
Inventory:
$10,257
Premises
Facility:
Showroom, Office, Workroom +, Easy Access, Plenty of Parking
Square footage:
2,849
Rent and lease terms:
$3,584.68 per Month Lease Expiration: 4/30/2023
Price and terms
Asking Price:
$550,000
Training:
Seller to provide 2 weeks at 30 hours per week