Quality Floral Shop Transitioning to Higher Margin Wedding Niche

For Sale in Renton, WA

Listing ID: 31861-75894 | Broker Listing ID:

Financial & Assets Details

Revenues: $300,140

Cash Flow: $58,891

FF&E: $20,000

Inventory: $4,800

Inventory Inc. in Price: Yes

Square Feet: 2080+/-

About the Business

Year Established: 2015

Employees: 0 F/T 0 P/T

Lease Amount: $2,080

Seller Financing: Yes

Business Description

The current owner bought this boutique flower shop after working in the business for 9 months. This location has been around for over 50 years! With a reputation for quality, emphasis on local sourcing of inventory, and transition to a focus on the weeding industry and quality arrangements, this business is in a time of transition. While many services are going online, this owner consciously decided to cut wire services from her vendor list, reducing sales while increasing profitability. This shop has a niche for quality and design, buyer should be skilled in, and focus on that value proposition and enjoy quality design and value derived from quality and design over convenience.

Growth & Expansion

Focusing on the less price sensitive, quality oriented wedding industry will be a major factor in the strategic plan to increase sales and profit margins. An owner who embraces design and the wedding industry will do well with this opportunity.

Seller Financing

Seller financing available for qualified buyers, terms to be negotiated based on buyer experience and financials.

Market Competition:

“Owning a flower shop continues to be a desirable lifestyle business for creative entrepreneurs who wish to provide an artistic and meaningful contribution to their community” – BRG 2017