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- RE: NEW PRICE Floral Design Shop In Upscale Shopping
- Contact: Lauren Wingrove
Quick Facts
Asking Price: | $260,000 | |
Annual Revenue: | $145,848 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $48,029 | |
Total Debt: | Not Disclosed | |
FF&E: | $10,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 3 | |
BBN Listing #: | 951681 | |
Broker Reference #: | 5182-993638 |
Business Overview:
Are you ready to bloom in the lucrative floral industry? Look no further than this well-established flower-related florist business for sale in Tennessee, United States. Founded in the mid-1950s, this business has been proudly family-owned since 1985, cultivating a loyal customer base and solid reputation over the years.
The floral industry is experiencing steady growth, with industry revenue expected to hit $8.6 billion, showcasing a healthy 4.1% compound annual growth rate. Profits are poised to reach 5.5% of industry revenue, offering a promising financial outlook for potential buyers.
Located in a popular Southern city with a thriving market, this business presents an exciting opportunity for an entrepreneur looking to capitalize on the region's growth. With the potential to expand and open additional locations, the sky's the limit for revenue growth and market reach.
This business boasts a strong foundation of loyal clients who value quality, creativity, and exceptional service. By taking over this established business, you'll inherit a solid customer base and positive word-of-mouth reputation, setting you up for success from day one.
Whether you're a seasoned entrepreneur in the floral industry or a newcomer looking to break into a flourishing market, this business offers the ideal platform for growth and success. Don't miss out on this chance to step into a thriving business with endless possibilities.
For more information on this exciting opportunity, visithttps://www.tworld.com/and take the first step towards becoming the proud owner of this flourishing flower-related florist business in Tennessee. Seize the moment and watch your entrepreneurial dreams blossom into reality with this exceptional business opportunity.
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Property Features and Assets:
Real Estate Asking Price: $1,150,000.00
Company was established in the mid 1950's and has been family owned since 1985.
Market Competition and Expansion:
Over the past five years, industry revenue is expected to have grown at a CAGR of 4.1% to $8.6 billion, including a bump of 0.5% in 2024, with profit set to reach 5.5% of industry revenue, according to IBIS World.
With the continuing growth of this popular Southern city, it is an opportunity awaiting the right entrepreneur to build revenue and add additional locations to meet the demand.
There are several other florists in the area, each with their own design trademark.
Reason for Selling:
Pursuing other business opportunities.Additional 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
Relevant Links:
- View more Tennessee businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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