Retail - Florists | Retail - Miscellaneous Retail

Asking Price	$265,000	Inventory	$5,000*
Gross Income	$525,000	Real Estate
Cash Flow	$90,000	Year Established	1963
FF&E	$45,000*	Employees	5

* included in the asking price

** not included in the asking price

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This well-established business is one of southern coastal Maine s leading florists. It has been voted a member of the Top 1,000 FTD Florists in the US for several years running. As a key part of the local community, the business has developed close ties with area churches, funeral homes and educational institutions. The shop handles weddings, funerals, special events and holidays. It has a wide delivery area and an outstanding reputation.

Facilities: The shop is located on a highly visible corner lot on high traffic street. It has a large, attractive showroom and spacious work and storage areas. The business has an excellent lease at below market rates.

Competition: The shop has a varied customer base and provides services for a wide variety of occasions. It has been able to competitively expand its service area beyond its local area. The business' high profile location has a built in customer base. The store's reputation draws customers from outside the area as well. A commitment to customer service together with quality merchandise and reasonable prices is the key to this store's success.

Growth/Expansion: The shop is located in one of the fastest growing areas in Southern Maine and there are several growth options for a new owner. Online sales are growing but added advertising into surrounding markets and more aggressive sales efforts could drive substantial sales growth.

Financing: Anticipated Bank/Seller Financing $175,000. Working Capital Needed $5,000.

Support/Training: Owner will provide transition training for a new owner.

Reason Selling: Personal health issues.