Listing Number: 0873-446747
Description
This award-winning and top Google rated florist has been in business for over 20 years. The company built and manages its own full-function website, **no fees to 3rd party sellers like FTD and 1-800-Flowers. Also, the company fulfills its own orders and does not rely on 3rd party fulfillment. Almost half of the revenue is from events and weddings with over $200k in pre-booked events. The 30% held in deposits for any events after closing is included in the price and will be transferred to buyer at closing. They have a diversified customer base, the largest customer in 2023 accounted for less than 6% of gross sales and the second largest, just under 3%, all others are less than 1%. The owner lives out of state and spends approximately 10 hours per week on average working on this business. As a result, the company is overstaffed with high on-site labor costs, and this presents a strong opportunity for an involved owner to lower labor costs and increase profit. With the cost of goods just over 40%, there is plenty of room for improvement by an on-site operator, or another company in the region wanting to expand their operations into the Northwest Denver and Boulder area.
Seller Financing Available for a Well-Qualified Buyer.
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Listing Details
- Price: DH 275,000
- Down Payment: DH120,000
- Sellers Discretionary Earnings: DH 33,217
- Total Sales: DH 1,179,927
- Location: Denver County, Colorado
- Inventory: DH 10,000
- FF&E: DH 48,370
- Employees: 12
- Year Established: 2019
- Reason for Selling: Relocation
- Category: Flower Related