Flower Power Opportunity: Own Established Business in Bloom!

Asking Price$260,000

Cash Flow
$48,029
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$145,848

Inventory$2,500
Included in asking price
FF&E$10,000
Included in asking price
Real Estate$1,150,000
Not included in asking price
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Flower Power Opportunity: Own Established Business in Bloom!


Asking Price$260,000

Cash Flow
$48,029
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$145,848

Inventory$2,500
Included in asking price
FF&E$10,000
Included in asking price
Real Estate$1,150,000
Not included in asking price
Business Description
Business is Thriving and Growing
Are you ready to bloom in the lucrative floral industry? Look no further than this well-established flower-related florist business for sale in Tennessee, United States. Founded in the mid-1950s, this business has been proudly family-owned since 1985, cultivating a loyal customer base and solid reputation over the years.

The floral industry is experiencing steady growth, with industry revenue expected to hit $8.6 billion, showcasing a healthy 4.1% compound annual growth rate. Profits are poised to reach 5.5% of industry revenue, offering a promising financial outlook for potential buyers.

Located in a popular Southern city with a thriving market, this business presents an exciting opportunity for an entrepreneur looking to capitalize on the region's growth. With the potential to expand and open additional locations, the sky's the limit for revenue growth and market reach.

This business boasts a strong foundation of loyal clients who value quality, creativity, and exceptional service. By taking over this established business, you'll inherit a solid customer base and positive word-of-mouth reputation, setting you up for success from day one.

Whether you're a seasoned entrepreneur in the floral industry or a newcomer looking to break into a flourishing market, this business offers the ideal platform for growth and success. Don't miss out on this chance to step into a thriving business with endless possibilities.

For more information on this exciting opportunity, visit https://www.tworld.com/ and take the first step towards becoming the proud owner of this flourishing flower-related florist business in Tennessee. Seize the moment and watch your entrepreneurial dreams blossom into reality with this exceptional business opportunity.
About the Business
Employees
3
Currently Relocatable
Yes
Facilities & Assets
Company was established in the mid 1950's and has been family owned since 1985. This florist is well known in the area and works with all the area funeral homes, hospitals, assisted living facilities as well as a well maintained list of loyal customers.
Market Outlook / Competition
There are several other florists in the area, each with their own design trademark.
Opportunities for Growth
Over the past five years, industry revenue is expected to have grown at a CAGR of 4.1% to $8.6 billion, including a bump of 0.5% in 2024, with profit set to reach 5.5% of industry revenue, according to IBIS World.

Due to an unexpected loss in the family, the business hours were reduced to 5 days a week from 6. The right Buyer can take advantage of increased sales by adding a Saturday and investing in marketing and advertising of increased hours and services available.

With the continuing growth of this popular Southern city.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Pursuing other business opportunities.
Transition Support
Number of Weeks Seller Will Offer Training: 2
Listing Info
ID
2270061
Listing Views
1076

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Business Listed by: Lauren Wingrove Transworld Business Advisors of Knoxville and Chattanooga

Listing ID: 2270061 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.