Two Flower Shops For The Price of One For Sale

Business description

Sad owner of a lovingly-built flower business needs to relocate due to husband’s job reassignment. Our turn-key marketing program is projected to produce 55% growth over the next 3 years for both stores combined. This business is past the startup headaches and is ready for a new owner to step in. Total sales have held steady for 2009, and if you like the idea of living in the beautiful City of Albuquerque, this is where our relocation becomes your opportunity.

This 2-year-old business has exceptional operating systems unique in its marketplace. Our structure saves hours on paperwork and allows you to analyze both stores by the numbers with ease. Sales margins are strong, and the first-class staff understands cost control. We have done the hard part of finding excellent designer/managers and they are willing to stay with the new owner.

Our customer database contains detailed sales history, plus a number of solid corporate accounts with good local name recognition that we have been using to win new business. The company also offers a long list of glowing (and recent) customer testimonials, a custom web site, and an extensive photo database of profitable original designs. We created custom promotional material for major holidays resulting in 24% increase in overall holiday revenue--you won't have to be held captive by expensive wire-service companies!

The owners were not able to manage operations directly in the first year, but having taken full control in 2009, we improved operating margins by over 300%. The majority of 2009 was focused on building solid operating systems and recruiting talented employees. Successful sales efforts in the last few months prove that local businesses are happy to adopt us as their floral vendor; with the potential to grow at 10%/year.

Each shop is located on a major thoroughfare with high-income traffic commuting to a stable employment base. One store is next to a copy store with significant foot traffic, while the other is located inside a well-patronized mall with a super low vacancy rate. We lovingly furnished our first store from the ground up with only the best, most durable, and appealing furnishings and equipment.

This floral business offers the new owner a flexible lifestyle to take advantage of the sunny Southwest. The owner can keep the existing staff and focus on marketing the business, or work full-time to gain more immediate rewards. The business allows the owner to be involved in the community, to touch the lives of others, and to see a return on investment.

Property information

Real Estate:

Lease

Location:

The first shop is in a 1785-square-foot facility right next to a busy copy and mailing center, which is interested in co-marketing. The street is heavily traveled with about 34,000 vehicles per day. The northeast location is in a high-income area near a stable and high-income employment base. The shop can be accessed both by southbound and northbound traffic via a median cut-through.

The second shop is approximately 900 square-foot store located inside a shopping mall that is fully leased. The mall is heavily patronized by military personnel and government employees.

Premises details:

The first store is beautifully decorated with cultured stone, quartz countertops, and quality wood furniture. There is a semi-private consultation area for brides. We have often been complimented on the wonderful ambience and interior design. Nearly every customer tells us that we have an absolutely beautiful store.

The work area is spacious and easy to operate, while still being attractive. There is ample storage shelving and additional space to handle high volume traffic during the holiday. The back hallway allows for even more space and is accessible by delivery drivers through the back door.

The second store was recently upgraded with improved fixturing. It is cozy and well-organized with attractive display furniture. It has ample cooler space, and the cooler is maintained by the landlord.

Size in square feet:

1785 and 900

Other information

Competition / Market:

Competition in the area is normal. The first shop has the best access to the northeast heights (the highest income part of town). Many customers have told us, "I'm so glad I found you! There were no flower shops in this area before!" The shop is also known for its personal touch and creative ability, which continues to be helpful in winning over more corporate business. The second shop does not have any direct competition. Having been an established location for many years prior to becoming part of this business, it has a very loyal customer base.

Support & training:

The owner is willing to spend several weeks training the new buyer at no additional cost. A detailed Resource Notebook is available that contains delivery costs, zip code maps, flower prices, recipes, arrangement prices for common arrangements, an inventory management sheet for hardware, and contact information for all vendors, wire services, and employees. Detailed instructions for working with the wire services, for using the QuickBooks database, and for processing flowers are also available, simplifying the training process. A Weekly Flower Order Guide helps to maintain a variety of flowers in the cooler without over-purchasing, while a Holiday Flower Order Spreadsheet minimizes flower waste to virtually zero. In fact, the Valentine’s Day roses, which are usually purchased at a premium, cost less than our regular roses during the rest of the year!

Reasons for selling:

Husband's job relocation out of state

Trading hours:

Store 1:
10 am - 6 pm Mon-Fri
10 am - 3 pm Sat

Store 2:
9 am - 6 pm Mon-Sat

Owner financing:

Owner financing is available. Please contact the seller for more information.

Furniture / Fixtures value:

$52,000 (included in the asking price)

Inventory / Stock value:

$24,000 (included in the asking price)

Related documents:

• 
• Floral Business Info Sheet