Franchise Retail Flower Shop For Sale - Inglewood

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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