Description
Great opportunity to acquire a 40 plus year old family owned flower shop located in beautiful Portsmouth, New Hampshire. The flower shop has a strong reputation and tenured staff providing high quality service. The current owners work very few hours in the business. This is a turnkey operation for a buyer who is ready to step in and take the business to the next level.
Detailed Information:
Business Price: $50,000
Revenues: $325,000
Inventory: $8,000 estimate
Furniture, Fixtures, & Equipment (FF&E): $20,000 estimate (included)
Sellers Discretionary Income: $0
Real Estate: Leased
Facilities: The business is located in a high traffic location, in downtown Portsmouth. There is off street parking available.
Competition: The Business proudly serves the geographic market of the New Hampshire Seacoast area and Southern Maine. There are a number of competitors in the market but still lots of room for growth.
Growth & Expansion: The Business has strong customer and vendor relationships and a strong referral business. Significant opportunity exists to expand in the wedding market.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Divestiture