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For Sale: Franchise Retail Flower Shop - Inglewood

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Current Status: Active     Posting #: 238369     Last Refreshed: 5/24/19     BRE License #: 01297948    
Contact: Remy Chen At 213-798-9987  -  Also Email This Contact Below
Price:  $450,000     Down:  $250,000     Adjusted Net:  $150,000     Revenue:  $1,150,000    
Business Address:  None Given     City:  Inglewood     Zip:  90303    
Attributes:  Absentee Run, Lifestyle, Training & Support, Owner Financing     Cooperation With Brokers?  No

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For Best Results & Response, Email & Phone This Contact: Remy Chen at 213-798-9987.

  Description About This Posting: Franchise Retail Flower Shop
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

To get more information about this Franchise Retail Flower Shop business for sale in Inglewood please phone Remy Chen (Agent - BRE License #:01297948) at 213-798-9987 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #238369 on BizBen.com. In addition to phoning Remy Chen, make sure you email Remy Chen above to get more info about this Franchise Retail Flower Shop, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting
Notes
My Posting Notes


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