LONG-ESTABLISHED FLORIST & GIFT SHOPPE
Location: Indiana > Allen County > Fort Wayne
Industry: Retail Stores > Florist
Financials
Asking Price: $130,000
Gross Revenue: $349,983
Cash Flow: $61,772
Inventory: $80,000 (Not Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Seller Financing: None
Business Summary
This business has been serving the Fort Wayne and surrounding area for almost 70 years. Its excellent reputation and loyal customer base is founded, not only upon its longevity, but also upon the creative floral designs and unique personalized customer service provided by the staff members. A large variety of products are offered, including gift items, fresh flowers, indoor and outdoor plants, home decor, artwork, outdoor products, silk flowers and arrangements, loose silks, plush animals, gourmet baskets, jewelry, candy and balloons. The customer accounts currently serviced by this business are not only individuals, but also include local corporations, funeral homes, hospitals, nursing homes, restaurants, medical offices, etc.
About the Business
Year Established: 1938
Employees: 3 full time - 6 part time
Relocatable: Yes
Facilities: The shop has 3633 square feet with a front door entrance and nice curb appeal. It includes a newly remodeled showroom and design area, one office and much storage. Current lease is month-to-month, offering opportunity for the buyer to stay or move to another location.
Market Outlook and Competition: Competition in the area is not threatening to this business. Scotts grocery store has become Krogers and Krogers is not known for significant floral design work. Two other florists are in the near area. Two funeral homes are within the immediate location, as well as several medical centers and a hospital. Long established customer list continues to provide telephone orders on a regular basis. More business can be developed by making cold calls to the many surrounding offices and local businesses, etc.
About the Sale
Management Training and Support: Negotiable
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:851901
Business Listed By
Name:Ed Karasek
Company:Summit Realty, Inc.
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