Retail Flower shop Franchise. Free standing building. Ample parking. 2,400 sq.ft. Monthly rent $5,100. Monthly Gross income $36,600. Established for 40 years. Owner currently working 6 days about 60 hours a week. Hours M-F 8am-7:30pm + Sat 9am-6pm & Sun 9am-5pm. 4 FT + 1 PT Employees.
Annual Expenses / (Approx.): Represented by Seller as per Listing Agreement "12 months from Sep 2017"
Property Tax: $4,300.00
Bloomnet Commission: $61,888.00
Franchise Fees: $13,500.00
Cost of Goods: $105,360.00
Bloomnet Fees & other Costs: $32,586.00
Payroll Tax: $12,000.00
Auto Insurance & Maintenance: $4,000.00
Workman' Comp: $4,200.00
Merchant Services: $3,600.00
Misc Fees: $6,000.00 Others Such as Alarm, bank Charges, office supply and more
TOTAL EXPENSES: $395,874
APPROX NET INCOME: $43,126.00 (Approx.): Represented by Seller as per Listing Agreement.
Prime Signalized Corner, High Visibility
Transfer is subject to Franchisor approval of the Buyer
Training fee/cost ($1,500) charge by Franchisor shall pay for by Buyer