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California
Asking Price
$500,000
Revenue
$1,028,141
Down
Call/Email
Cash Flow
$88,996
Name: Stewart Guthrie
Phone: Show phone number
Name
Stewart Guthrie
Phone
Show phone number
Posting ID:
292502
Attributes:
Broker Cooperation
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San Mateo County, California
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Iconic Floral Retailer with Close to a Century of Excellent Service When it comes to excellence in flowers and plants for personal, corporate, or event purposes, this retail florist stands far above the rest. Located on the San Francisco Peninsula, they deliver to the whole Bay Area, especially San Francisco, San Mateo County, & Silicon Valley, with a roster of highly affluent, loyal long-term customers with prominent roles in the tech industry, as well as in the arts and entertainment fields. The same family has owned and operated the business for over nine decades. This part of California provides a market of unparalleled wealth, with an appreciation for the finer things in life – like the finest of floral displays and decorative plants – for innumerable occasions year-round. The business operates from a leased 20,000+/- sq ft building with a current rate of approximately $35,000 per month. (The business owners own the rented premises and are exploring the possibility of the business relocating to a lower rental cost.) The staff are all W-2 employees: 6 full-time and 12 part-time (with four of the employees being family members). Annual sales vary from year to year, from about $1,600,000 to nearly $2,000,000. Seller’s Discretionary Earnings are substantial; the details will be discussed after an NDA is signed. The sellers contend that sales and profits will increase dramatically with new ownership and management. The Transaction: The seller is open to all reasonable offers and terms. The business is being offered for $2,200,000. This would include all assets used in the business, except accounts receivable, cash-on-hand, and any leasehold security deposit. This is for the entire business, including, as applicable, the business name, trade names, trademarks, proprietary methods and procedures, any other intellectual property, customer lists, vendor/supplier information, sales backlog, goodwill, tangible assets (tools, apparatus, furniture, fixtures, and equipment). A definitive list of assets will be included in any purchase agreement and will supersede this list. It does not include cash, accounts payable*, accounts receivable, or security deposits. (*Seller is responsible for A/P and payroll through the date of Closing.) Some seller financing may be available to a qualified buyer. Exclusive Broker: Tim Cunha, J.D., Cal. DRE #01919755 Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

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Call/Email
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This business has been operating successfully since 2010 with a proven business model, supplying nationally recognized discount department store chains with thousands of locations across the U.S. The company’s success is built on efficient logistics and inventory management systems, long-standing relationships with customers and suppliers, and a highly experienced team. With consistent financial performance over the years and annual sales exceeding $6 mi, the business is well-positioned for continued growth. The owner is retiring, but the team will stay. Buyers must demonstrate liquid assets of min. $4 mil, provide a signed NDA & Buyer Profile to have further info. LA11654

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Established in 1985, this reputable glass business has built a strong reputation serving both residential and commercial clients. Specializing in window and frame replacements, custom glass solutions, and repairs, the company enjoys consistent demand and a loyal local customer base. Approximately 80% of the business revenues come from apartment complexes, the remaining from referrals and property management groups.This business operates with low overhead and streamlined processes, making it highly efficient and easy to manage. With the current owner preparing for retirement, this presents a turnkey opportunity for a new owner to step in and continue its success. SA11701

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