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- RE: Established Flower Shop In West Michigan
- Contact: Jeffrey Hoag
Quick Facts
Asking Price: | $90,000 | |
Annual Revenue: | $306,547 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $40,636 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1970 | |
Employees: | 11 | |
BBN Listing #: | 986981 | |
Broker Reference #: | 60351-362956 |
Business Overview:
Don’t miss this opportunity to own a thriving flower shop in West Michigan. Known for its strong customer service and high-quality floral arrangements, the shop has built a loyal custom-er base over the last 45 years. The current owner, who took over in 2011, has maintained the shop’s legacy of excellence while modernizing operations and maintaining consistent sales rev-enues. The flower shop is located in a well-appointed retail center on a busy road and enjoys high visibility and consistent traffic.
The business currently employs 12 part-time staff members, including a manager, two experienced floral designers, four retail associates, and four delivery personnel. Their collective expertise and commitment to excellence ensure a seamless customer experience, from crafting stunning arrangements to on-time deliveries. The Owner primarily works remotely for approximately 15-20 hours a week and is looking forward to retirement. This business is a great opportunity for a buyer with basic management skills, a background in sales and a creative eye.
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Market Competition and Expansion:
This flower shop is well-positioned within the local competitive landscape. Its longevity and reputation set it apart from newer entrants to a fragmented market. The shop’s location in a bustling retail center offers significant advantages, attracting both walk-in customers and regulars who value its convenient access.
A key differentiator is the shop’s emphasis on personalized service and attention to detail, which has cultivated a strong base of repeat customers. The team’s ability to create custom floral designs, paired with their prompt delivery services, has earned the shop glowing reviews and a trusted reputation in the local community.
Despite the presence of other florists and online flower delivery services, this business’s combination of quality, expertise, and community connections provides a solid competitive edge.
There are significant opportunities to expand the shop’s reach and revenue:
Leverage Social Media Platforms: A robust social media strategy could boost brand visibility and attract new customers. Sharing professional photos of unique floral designs, behind-the-scenes glimpses of the shop, and promotions through platforms like Instagram, Facebook, and TikTok could drive engagement and online orders.
Corporate Outreach: Establishing partnerships with local businesses for regular floral deliveries to offices, lobbies, and events is an untapped avenue for steady, recurring revenue.
Weddings and Large Events: Expanding promotion of wedding and event arrangements could significantly increase sales. Marketing these capabilities through wedding expos, partnerships with event planners, and online platforms would create new opportunities.
With its strong foundation, loyal customer base, and opportunities for strategic growth, this flower shop presents a compelling investment opportunity for anyone looking to step into an established, thriving business in a vibrant community.
Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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