$195,000.00
Asking Price
Address: Downey, 90242.
Status: Active
Posting ID: 280983
2/26/24
Description
For sale is a retail flower shop franchise that has been well-established since 1982. It has high gross, high visibility, and is at a prime signalized corner location, a freestanding building with reasonable rent. The gross is nearly $900,000. It is a great opportunity for a florist and full-time owner-operator.
- Inventory: Approximately $30,000 excluded
- Building & Parking: Freestanding prime corner, high traffic, ample parking
- Operating Days & Hours: 7 days, Monday - Saturday 8:00 am to 8:00 pm, Sunday 9 am -5 pm
- Lease Terms: Approximately 5 months with two (2) five (5) options = 10 years remain on the lease
- Store Size: approximately 2,630 sq. ft
- How Long Established: Since 1982
- No. Of Employee: 2 full time & 5 part-time with 2 drivers = 9
- Owner's Working Days & Hours: Semi-absentee owner
Annual Gross & Expenses / (Approx.): Represented by Seller as per Listing Agreement
Total Gross Sales: $900,000
Total Expenses: $830,000
Approximate Net Income: $58,000 Semi-absentee owner
REMARKS: Prime Signalized Corner, High Visibility with Ample Parking
REMARKS: Semi-Absentee Owner Store
REMARKS: Transfer is subject to Franchisor approval of the Buyer
REMARKS: Franchise Transfer fees of $10,000 is required
REMARKS: The training fee ($1,500) charged by Franchisor shall pay for by Buyer
Please, under any circumstances, do not disturb or discuss the sale of the business with any employer/seller, employee, or business neighbors. Broker/Agent does not guarantee the accuracy of the income, expenses, or other information concerning the business provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of the above information through personal inspection and with appropriate professionals.
To get more information about this Retail Flower Shop Franchise - High Gross Sales business for sale in Downey please phone Remy Chen (Agent - BRE License #:01297948) at 213-798-9987 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280983 on BizBen.com. In addition to phoning Remy Chen, make sure you email Remy Chen above to get more info about this Retail Flower Shop Franchise - High Gross Sales, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01297948. Ivy Realty.
Contact
Details
Asking Price: $195,000.00
Down: Call/Email
Cash Flow: $60,000.00
Revenue: $900,000.00
Area: Downey
City: Downey
Attributes:
My Notes About This Listing
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