Listing ID: 76413
This well-established flower shop just outside of the Denver Metro Area has a lot to offer. This flower market offers high-quality products and designs for special occasions such as weddings and events, holidays, and everyday floral arrangements. With a team of floral experts who know the market and offer fantastic customer service, growth is continually on the rise for this
This business has been lender pre-qualified which means you could own a business cash flowing over $130,000 for only 10% down!
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- Asking Price: $289,995
- Cash Flow: $133,539
- Gross Revenue: $630,633
- EBITDA: N/A
- FF&E: $50,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2004
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
3,000 S.F. in a free-standing building.
The company was founded in 2004, making the business 18 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell operating businesses. However, the true reason vs the one they say to you might be 2 totally different things. For instance, they might state "I have a lot of various commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may just be reasons to try to conceal the reality of transforming demographics, increased competitors, recent decrease in revenues, or a variety of various other factors. This is why it is really crucial that you not rely entirely on a seller's word, but instead, make use of the seller's solution in conjunction with your overall due diligence. This will paint an extra realistic picture of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Numerous operating businesses borrow money so as to cover points such as stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can suggest that profit margins are too small. Lots of companies fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that must be met or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in brand-new clients? Often times, companies have repeat clients, which form the core of their daily revenues. Certain aspects such as new competitors sprouting up around the area, road construction, as well as employee turn over can influence repeat clients and also negatively affect future revenues. One crucial thing to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business on a regular basis, the higher the possibility to construct a returning client base. A last thought is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? How might the regional median house income impact future earnings potential?