This One Of A Kind Flower Shop Is Strategically Located In The Center Of Downtown’s Financial District. Within Walking Distance To Most Of Downtown, This Shop Has Been Serving Local Businesses, Law Offices, And Residents With High End Flowers, Custom Arrangements, Plants, And Unique Gift Items For Over 20 Years. The Recent Development Of New Restaurants, Lofts, Condominiums, And Apartments Has Added A New Generation Of Young Professionals And Artists That Has Given Downtown The “Big City” Attitude It Has Been Waiting For, As Evidenced By This Business’ Sharp Increase In Revenues Over The Last Few Years.
The Business Is Located On The Ground Floor Of A Major High Rise Office Building. The 500 Square Foot Facility Has A Monthly Lease Rate Of 2,600 Valid Through July 2009, With A 5 Year Option To Renew. The Sale Includes All The Assets Of The Business, Including Usage Of The Cooler, Custom Furnishings, Trade Name, Goodwill, And Over 10,000 Of Gift And Floral Inventory. The Owners Recently Invested Over 50,000 In Improvements, Upgrading The Electrical System, Plumbing, And Floors.
Competition Is Considered Medium As Other Flower Shops Exist Downtown, However, This Business Has Seen Significant Increases In Revenues With Few Marketing Initiatives.
Many Opportunities For Growth Exist. The Business Should See Significant Savings Should An Experienced Florist Purchase The Company (Cost Of Sales Currently Exceed 64%!). Downtown Is Still Growing At A Rapid Pace With Loft And Apartment Construction On The Rise, As Well As The Recent Developments Commencing Construction Near And Around The Staples Center.
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