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Wedding & Event Florist, Retailer For Sale - San Diego, California
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Profile: Wedding Florist - Can Be Run Owner Absentee.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Shari Bayne, Broker
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| Primary Phone: |
858-391-3388 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01197451 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/10/09 |
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| Date Last Revised: |
9/10/09 |
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| BizBen Ad #: |
145010 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$249,000 |
| Down Payment: |
$249,000 |
| Annual Revenue: |
$500,746 |
| Annual Adjusted Net: |
$152,286 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Awarded The "Best Of Wedding Florist" In 2007, This Beautiful Flower Shop Is One Of The Premiere Flower Shops In San Diego And Specializes In Weddings. It Boasts An Excellent 30+ Year History, However, The Current Owners, Who Have Had It For 3 Years, Are Planning To Move Out Of The Country And Must Sell It. The Retail Shop Is Located Across The Street From A Major Hospital, However Over 70% Of The Business' Revenues Come From The Wedding Sector And Some Other Key Accounts. These Accounts Include; The Naval Base, A Variety Of Golf Courses, Country Clubs As Well As Other Corporate Accounts, Such As Wal-Mart, Qualcomm And Some Other Large Businesses.
Marketing Summary
Marketing Efforts Include; Attendance At The Wedding Trade Shows, As Well As Advertising In The Local Wedding Magazines, Such As, San Diego Style Weddings, Bridal Bazaar And The San Diego Bride And Groom. They Also Advertise In The Local Naval Base Magazine. Most Of Their Business Comes From Word-Of-Mouth And Referrals.
Strengths Summary
30 Years Of Success!; Beautifully Designed Store Across From Hospital; Ample Space For Increased Growth And Well Maintained Equipment; Great Employees, Cross Trained Throughout The Store; Renowned Name And Reputation In The Wedding Industry.
Hours And Staffing
The Business Is Open From 9:00 To 5:00 Monday Through Friday And 9:00 To 4:00 On Saturdays And Sundays. Floral Designs And Consultations For Weddings Are Done By Appointment. The Owner Works About 20 Hours Per Week And Has A Manager Who Can Run The Store And Design. In Addition To The Owner And The Manager, There Are 3 Designers And 3 Drivers. It Is Anticipated That The Employees Will Stay After The Sale.
Area And Facilities
The Shop Operates Out Of 2,400 Square Feet In A Very Busy Strip Mall Across From A Hospital. The Transaction Includes All Fixtures, 3 Coolers (Both Walk-In And Display), Computer System, And Two Fairly New Vans.
Company History
The Business Was Started Back In 1979 As A Small Flower Shop By The Original Owner. Since Then, The Business Has Expanded To Include Contracts With Many Major Businesses In The County. They Have Also Gained A Top Notch Reputation In The Wedding Industry And Was Named The "Best Of Wedding Florist" In 2007.
Financial Summary
Financials Provided To Qualified Buyer.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Shari Bayne, Broker at 858-391-3388 Non Disclosure Agreement |
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