See Similar Listings

Profitable Florist with Top Reputation

Salt Lake County, UT

Seller Financing Available

listing image
Asking Price:$325,000
Gross Revenue:$1,038,684
Rent:$4,100
Established Year:2012
Cash Flow:$65,251
Inventory:$12,000
FF&E:$50,000
Listing ID: 2208912Listing provided by BizBuySell
BUSINESS DESCRIPTION

Plants are Perfect for Any Season

2024 number has shown an upward trend almost double the 2023 net cash flow. This award-winning business has thrived for almost 14 years and has a long-standing reputation for offering premium, top quality flowers as well as outstanding customer service. The business has two brick-and-mortar locations as well as a powerful e-commerce site from which it sells floral arrangements, plants, and gifts for all occasions, as well as a recurring income floral subscription service. Additional revenue streams include providing flowers for events for all occasions, from intimate gatherings to high-end corporate retreats to weddings and recurring weekly floral contracts for homes and businesses. In addition to being the preferred florist, it also has a strong partnerships with multiple destination management corporations (DMC's).

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,700
Lease Expiration
30/04/2025
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The current owner founded the business 12 years ago to fulfill their passion in creating beautiful and unique floral and plant arrangements. The current team includes several designers, assistants, and drivers in addition to the owner. Since its inception over 12 years ago, the business has grown year over year and added multiple revenue streams including the subscription service and event company partnerships
Competition
There are many other florists in the area; however, this business has a strong reputation with exceptional reviews on Google and other platforms. The business has a competitive online presence, including top SEO listings and high ratings on search engines, and numerous organic followers on social media. The business has been selected as Best Florist many times by local media
Growth & Expansion
With the strong brand, a new owner should consider expanding to other counties by opening small satellite retail stores or production facilities. A new owner could expand the reach of the business by opening a location in Park City or Utah County. The subscription service and business contracts have high potential for growth, as the city is adding more high-end businesses who understand the value of weekly flowers
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Meili
Myles
logo-img
Phone Number
Meili Myles
Call Phone