Current Status: Off The Market
Posting #: 180592
CONTACT IS A
Seller, Owner
BUSINESS LOCATION
Sacramento Area
AREA(S) AVAILABLE
Sacramento Area/Sierra Foothills
Northern California Other
COUNTIES AVAILABLE
El Dorado
ADDRESS / CITY / ZIP
El Dorado Hills
FLORIST IN SACRAMENTO AREA FOR SALE DETAILS
This is an amazing opportunity for a motivated owner operator to take over a new turn-key flower shop in a wealthy and effluent region. The shop is only a couple of years old and during a down economy, has already established a loyal high-end clientele customer base. Key selling points include the following:
- Voted best flower-shop in the region for the last two years
- Corporate client account with nearby casino
- Strong internet presence through professional 1/2 - User friendly mobile website (website appears different when viewed on iPhone or Android)
- Google analytics shows 6 to 12 website hits a day with consistent growth
- Regular frequency of out-of-area orders generated through website
- Excellent interior with many tenant improvements
- Probably one of the best showrooms for a flower shop anywhere - not an exaggeration
- Great central location (high traffic and visible storefront in El Dorado Hills Town Center)
- Conveniently located just off of major freeway highway 50
- Long-term lease with renewable option
- Includes all retail stock, equipment, furniture, fixtures and inventory
- One large main display walk-in cooler (with extra capacity through back entrance)
- Separate secondary freestanding center display cooler
- Handcrafted custom copper storefront signage
- Comes with experienced minimum-wage staff (if desired)
- Minimal local competition
- Already generates over 100,000 a year with only a few corporate clients
- Still much potential for increasing sales and profits
- Seller willing to consider partial financing
- Standing on-call support from current owner for smooth transition in ownership
- Seller will execute 30-mile radius non-compete agreement
The location is not a typical strip mall but the prominent and upscale El Dorado Hills Town Center. Many businesses have approached the Town Center only to be turned away. Prospective buyers should have good credit and appropriate finances in reserve to be considered as a viable tenant. Typically, a new business can expect the Town Center to require the submission of a tenant improvement plan that is subject to their approval and use of their pre-approved contractors for performance of the build-out. The prospective buyer has a unique opportunity for a business in this location as the cost for the build-out alone exceeds the current asking price for the business. In other words, a new business would need to budget more than $65,000 for a properly bonded contractor and permitting to perform the current build-out that is already provided. The current location comes with a walk-in cooler that is fully integrated with the structure. Stand-alone cooling units are not comparable in capacity or cost. The only way to obtain a similar cooling unit is through a construction installation by professional designer and professional contractor with approval from the county. A prospective buyer avoids all the expenses associated with the tenant improvements that would easily exceed the current asking price.
Prospective buyer should be motivated to provide high-end floral design to existing customers and look to increase profits with additional corporate accounts with other businesses that also service local high-end clientele. Seller is motivated but will only consider serious inquiries. Prospective purchaser should be available to meet in-person to discuss and view shop. You really do need to see the shop in person to fully understand and appreciate its value. Specific financial and vendor information will not be provided without similar exchange of information from prospective buyer and execution of a non-disclosure agreement.
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