Flower & Gift Shop
Business Description
Flower and Gift Shop
Longstanding Flower Shop located in a growing residential community 25 minutes from Halifax, properly located on a main throughfair. Over the years, other shops have come and gone, while this shop has stood the test of time, for 53 years! The business has grown, year over year, on the reputation for providing a high quality product.
- Diverse Customer Base, mainly medium priced traditional. Commercial, Personal, Funeral, and Wedding.
- Complete database of information on over 7,500 customers. (Marketing)
- Trained and accredited staff (Flowers Canada)
- Owner Training Available for up to 1 year (long-time love for the business)
- 2 websites.
- 85% flower sales, 65% or more are phone orders
Growth potential in numerous areas (e-marketing, weddings, new babies)
I Am Interested
Pictures
No pictures currently available.General Information
Location: Rural Nova Scotia
Bus #: 17892
Asking Amount: $53,900
Year Est: 1956
Reason for Selling: Retirement
Growth/Expansion Potential: Certainly
Competition / Market: Competition considered standard for industry, growing market. Sales trend is positive and has increased YOY.
Support & training: Available for up to 1 year.
Reasons for selling: 14 years as owner, retiring.
Trading hours: Monday to Saturday 9 - 5 and Friday 9 - 7
Owner financing: Owner financing is available. Please contact the seller for more information.
Financing available: Owner is willing to assist with financing, over a period of 3 - 5 years for the right person. Additional Financing Available, O.A.C., through a variety of programs.
Inventory / Stock value: $20,000
Financial Information
Gross Revenue: Average $275,000 over the past three years
COGS:
Expenses:
Sellers Discretionary Cash Flow: $44,500 in 2008.
Assets:
FF&E: Included in asking price
Inventory: In addition to the price
Financing: Available
Financing Terms: OAC
Real Estate Available: No
Real Estate / Lease
Real Estate: Lease
Location: Located on the main road into town. With steps of local Bank. High Visibility.
Premises details: Current Lease premises is approximately 800 square feet at a cost of $1000 + HST.
Size in square feet: 800, approximately. There is an additional space of approximately 300 square feet that can be added to, for a cost of $550 + HST
