UNDER CONTRACT

ESTABLISHED TAMPA BAY FLORIST

MLS #883-90401

883-90401 FOR SALE-SUCCESSFUL FLORIST IN TAMPA BAY

LISTING DETAILS

PRICE:  $ 399,000
REVENUE:  $ 652,119 *
CASH FLOW:  $ 151,683 *
EBITDA:  $ 111,683 *

*Owner 2022 Projections

 Want to talk about this business?  Call Brian at 833-Buy-Biz1 (833-289-2491) or email us at Biz@BuyBizUSA.com to request details.
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PROFITABLE & ESTABLISHED TAMPA BAY AREA FLORIST

Business Overview

One of the best and longest established florists in the Tampa Bay area. Centrally located.

This florist has proved to be both recession and COVID-19 proof with a great mix of corporate and consumer accounts.

The business has a large, recently refurbished showroom, an indoor plant room, a design room for four designers, and plenty of storage inside the building with a large walk-in cooler (new compressor and evaporator June 2021), a showroom cooler, and two outside storage units.

The sale includes a wrapped delivery vehicle. Currently, the business does very little wire-in sales (from Teleflora and partner florists) but many wire-outs (to Teleflora partner florists), with the website contributing approximately 40% of the total sales.

Expansion opportunities exist for weddings and events, as well as closer contact with funeral homes, churches, and event planners with very little currently spent on marketing. All supplies are currently purchased through a local wholesaler; flower and container/hard goods costs could be reduced by purchasing direct from farms and other wholesalers. The owners wish to retire and leave the USA.

Property Features & Assets

Amongst Teleflora Top 250 florists with stellar 5-star reviews, allows you to purchase an outstanding business with an excellent reputation, delivering within the Tampa Bay area.

Located on a main thoroughfare, this excellent business is known for unrivaled customer service, attention to detail, and is well managed.

The rent is currently way below market expectation for the location and total internal sq foot of 2,242 sq ft.

Market Competition & Expansion

This attractive company has a distinct advantage in the business as it has been around for decades. The competition is typical in this market.

The current owners do not design and provide minimal contribution to order processing. A new owner/designer/salesperson(s) would save substantially on payroll costs.

Bring your skills in business development to take this florist to a whole new level. Call on funeral homes to attract more business. Routinely evoke interest via social media resources. Connect with wedding services to secure more recommendations.

Reason for Selling

Owners plan to move and are ready to retire.

They will sign a non-compete agreement and provide ample training is included in the offering price.