Florist Boutique

Warren County, NJ

Seller Financing Available

Modern Florist
Asking Price:$220,000
Gross Revenue:$504,000
Rent:$4,000/Month
Established Year:1999
Cash Flow:$80,000
Inventory:$1,500
FF&E:$90,000
BUSINESS DESCRIPTION

Owner retiring after many successful years in the florist industry. This is a wonderful business opportunity for this well-known business, located in Northern New Jersey and in the county of Warren. The company has a gross yearly income of $504,000 and a $80,000 Plus net yearly cash flow. This sale opportunity consists of a successful florist retail shop that offers a full menu of flowers and additional items. The florist delivers courteous, professional service and the highest quality floral and gift items in the area. Their experienced designers offer the best possible flower arrangements for any occasion. They will also collaborate with you to ensure your floral designs will complement your occasion, meet your budget, and style expectations. They are affiliated with all local funeral parlors / businesses, and they offer daily delivery service to all local funeral homes, hospitals, and nursing homes. They offer dependable professional service to Northern New Jersey and will design and deliver flowers that beautifully convey your expressions. Their beautiful selection of high-quality flowers and eye-catching design styles are sure to bring rave reviews on your wedding day or at any festive occasion. Their trained floral experts are ready to help you make your wedding day special, planning a wonderful, joyful, and easy experience. This is a dependable business opportunity and based on the asking price, this company expects to supply a consistent investment return to the owner operator prior to debt service. The sale consists of a fully equipped commercial retail operation, with an estimated asset value of $90,000 based on replacement cost, which includes refrigeration units, apparel, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request. The 2023 yearly gross income is $504,000 and the business has a yearly net income of $80,000 based on an owner operator and prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this business.


DETAILED INFORMATION
Location
Warren County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,600
Lease Expiration
01/10/2033
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The retail facility consists of approximately 2,600 square feet with a professional appearance and is located on an active county road conveniently near various highways. The business is in a mid-size mall with various other successful businesses. This opportunity is located in Northern New Jersey, Warren County, which consists of various communities with continued demand for this industry.
Competition
To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long-term non-compete agreement to the purchaser.
Growth & Expansion
The business presently has a limited marketing budget and if improved can further develop the business’s bottom line net income.
Financing
seller financing has been approved to a qualified buyer with an appropriate down paym
Support & Training
The owner will remain post-closing for a minimum of 60 days in order to supply an appropriate transitional period to the new operator.
Reason for Selling
The owner will remain post-closing for a minimum of 60 days to supply an appropr
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Ron
Cervelli
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Ron Cervelli