Asking price:
$450,000
Inventory: approx
$15,000
Excluded
Business type:
Flower shop
Building & parking:
Strip center, parking ample
Operating days & hours:
7 days /8pm to 7pm, sunday 8am to 4pm
Area:
Inglewood, ca 90303
Lease: approx
1 years with two(2) five(5) year options
Store size: approx
2,100 sq ft.
How long estab:
Since 1980, current since 2001
No. Of employee:
9 part-times. Plus 4 drivers
Owner' working days & hours:
Absentee owner strore, more or less of 5 hours a week
(walk-in sales), net sales:
$284,666.00
(approx.): represented by seller as per listing agreement
Other income:
$870,000.00
Wire-in & out(bloom.net)
Total gross sales:
$1,154,666.00 annual expenses / (approx.): represented by seller as per listing agreement
Annual expenses:
Gross rent:
$91,200.00
Royalty:
$17,079.96
Bloomnet commission:
$257,274.00
Cost of goods:
$265,573.18
Bloomnet fees & other costs:
$106,867.00
Payroll:
$109,200.00
Outside service, drivers:
$98,000.00
Payroll tax:
$15,288.00
Internet & phone:
$4,200.00
Electric:
$7,800.00
Water:
$1,740.00
Disposal service:
$4,200.00
Liability lnsurance:
$4,800.00
Workman' comp:
$6,300.00
Card service:
$4,000.00
Accountant:
$2,400.00
Misc fees:
$7,200.00
Others such as alarm, office supply, landscaping and more
Total expenses:
$1,003,122
Approx net income:
$151,543.86 (approx.): represented by seller as per listing agreement
Prime signalized corner, high visibility
Great self employee opportunity
Sale is subject to buyer' verification of store' gross income
Transfer is subject to franchisor approval of the buyer
Franchise transfer fees in the amount of $10,000 is required. Training fee/cost ($1,500) charge by franchisor shall pay by buyer
Please, under any circumstances, do not disturb discuss the sale of the business with any employer/seller, employee or business neighbor, for more information please contact listing broker listed in this website
The listing # 238369 Franchise Retail Flower Shop - Inglewood below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Franchise Retail Flower Shop in Inglewood please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.
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Refreshed: 11/26/2019
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Phone: 213-500-2132
Phone: None Given
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Ryan Clark, Business Broker: Southern California The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups. Phone Ryan, Business Broker at 310-652-8353. |
Rick Carlson, Business Broker - Southern California You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. Phone Rick direct at 800-985-4939. |
Michael Davidson, Business Broker - Southern California Los Angeles Business Broker providing M&A quality services for Small Business Owners. We leverage our technology and expertise to Simplify & Expedite the Business Sales Process. Matching the right buyer with the right business is how we define success. |
William Park, Business Broker - Southern California Highest Volume Broker in California, Simply Check our HUNDREDS of Listings! Over 25 Associates, Speaking Dozen Languages, Helping Buyers and Sellers of Small Business since 1982, Centrally Located between Los Angeles and Orange Counties, while Riverside & San Bernardino Counties are Very Accessible. |
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