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Florist Shops (2)

Washington, DC, District of Columbia (District of Columbia County)

Retail - Florists

Asking Price $300,000 Inventory $10,000** 
Gross Income $513,000 Real Estate  
Cash Flow $61,500 Year Established 1989
FF&E $35,000* Employees 4

* included in the asking price

** not included in the asking price

These two retail florist shops are located in northwest downtown Washington, DC on major streets. They serve a loyal customer base and revenue can be expanded by calling on more business accounts. The seller will assist the buyer in giving advice on who to target. One shop is accross the street from a large condo conversion due to open 2007. Both are in high income commercial/residential areas.

Facilities: The two shops are located in 727 sf and 1494 sf respectively in modern office buildings. The rents are $3,500 and $5,200 respectively and their leases expire in June 2011 and the other on 12/31/08 which has one 3 year option.

Competition: This is a competitive business however the location of the two shops primairly rely on walkin business and has a loyal customer base.

Growth/Expansion: Pursue more corporate accounts.

Financing: None

Support/Training: The seller will provide the buyer with adequate support and training

Reason Selling: Pursue other interests

AD # 274704

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