Retail Flower shop with decades of history.
Business Description
If acquiring a business with decades of history and experience, a talanted and committed staff, long list of clients, award winning reputation for service and quality, and stable earnings is appealing and of value to you, you have come to the right place. Stop and smell the roses.
Our client's floral business has a name and reputation that dates back several decades. An opportunity exists for an aspiring entrepreneur who has been looking for their own creative business. A few of the key aspects of this business include:
- Favorable and Flexible hours of operation. 9 - 5:30 from Monday to Friday and 9 - 12 on Saturday.
- 80% internet/phone ordering, with 20% walk-in
- 1 FT & 2 PT staff that are key to the operations, plus owner
- Approximately 1000 corporate clients exist in a customer data base
- Attractive and Engaging store design
- Key supplier relationships allow for unique selection at competitive prices
Seller will train on all aspects of the business and you will quickly be able to take control of one of Halifax's most respected independant flower shops.
Qualified Buyers should expect an equity investment of not less than $50,000.
I Am Interested
Pictures
No pictures currently available.General Information
Under a merger scenario, with a complimentary business, the opportunity to achieve significant economies of scale exists and can potentially be in excess of $75,000 in additional income to the bottom line.
Opportunities to grow the business are eveident. Some ideal areas to focus on would include:
- Proper Web Site
- Offering Design Classes
- Networking within the community, with wedding planners, with funeral homes, with additional corporations.
- A booth at the Halifax weekend market
Financial Information
Average Sales for the past 6 years = $463,000
Average Sellers Discretionary Earnings for the past 3 years are approximately $77,500
Real Estate / Lease
Leased premises - currently month to month. Seller is paying $820 per month + utilities for approximately 970 square feet.
