Business Overview

Award-Winning Florist
Since it’s opening in 2006 Little House of Flowers has grown to become
And has earned the position as the in-house florist for the Washington Redskins!
This business is being sold as a turnkey operation, with all contacts, contracts, phone numbers, websites, and all necessary tools to start or grow your floral career. This established business has a positive cash flow and given its central location, it’s room for growth is almost unimaginable.
Current lease is assignable to new owner, or Landlord is open to signing a new lease.
Little House of Flowers is located inside the Kaufmann Park center at 331 Gambrills Rd, Suite #8, Gambrills, MD 21054LITTLE HOUSE OF FLOWERS _ SALES_ INFO

• Little House of Flowers is a full time, diversified retail and event Floral business located In Gambrills, Md . Our unique and convenient location is in a small strip center with our neighbors, Bridals By Elena and Mani-Toes. With the Blackwall Barn and Lodge right next door, we call it “the wedding triangle”, one stop shopping and support group. The Balt- Washington, Eastern Shore Corridor is within 30 minutes of the many premier Event locations and our Corporate Partners.
• Our business has a strong internet presence with The Knot and Wedding Wire and we only use one FSN wire service. Our strong clientele has been engaging us since 1999 and is supported with 5 Star website reviews. Our website and Facebook pages are fully accessible and engaged. The long term relationships with local restaurants(Smashing Grapes, Blackwall Hitch) , Donaldsons and Hardesty funeral homes , and upscale wedding venues provide over 60% of our revenues. We are the florist of choice for The Washington Football Team, CNR insurance , Severn Financial and a host of local businesses.
• The owner bought the business back in 2015 coming from a background in Horticulture and Lawn Care with her management experience. The idea was to integrate farm grown flowers and produce using upscale floral designers to create unique designs using may different types of flowers , produce and items that were not available for purchase otherwise. Presently our fresh Dahlias, zinnias, and other premium cuts make our designs more sustainable. We recently introduced dried flowers to our collection.
• Post pandemic, the business thrived on our delivery service and the event business is continuing to show a rebound as people get back to normal.
• We are the only flower shop in Gambrills. There is one shop in Odenton and two in Crofton that work part time or are closed.
• Our business mix of retail , wedding work, corporate and funeral work with our internet based deliveries allows great cash flow and seasonality of business is not an issue. The Big Holidays of Valentine’s Day, Mother’s Day, Thanksgiving and Christmas are still major money makers.
• The store lease conveys as well as all of the rental inventory, 3 coolers, furniture, vaseware and vehicles with the sale.
• The owner is retiring and continued support will be available.

Financial

  • Asking Price: $249,000
  • Cash Flow: N/A
  • Gross Revenue: $525,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $10,000
  • Inventory Included: Yes
  • Established: 2001

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,440
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

YES

Purpose For Selling:

Owner retiring

Pros and Cons:

No others in Gambrills

Opportunities and Growth:

Growing Market

Additional Info

The company was founded in 2001, making the business 21 years old.
The deal does include inventory valued at $10,000, which is included in the requested price.

The company has 5 employees and is situated in a building with approx. square footage of 1,440 sq ft.
The property is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell businesses. However, the real factor and the one they tell you might be 2 entirely different things. For instance, they may say "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might just be justifications to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in earnings, or a variety of other reasons. This is why it is really vital that you not count totally on a vendor's word, but instead, make use of the vendor's solution combined with your overall due diligence. This will paint a much more practical picture of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Numerous companies borrow money with the purpose of covering points such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can suggest that earnings margins are too tight. Many companies come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that should be satisfied or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area bring in new consumers? Many times, companies have repeat consumers, which develop the core of their daily revenues. Specific factors such as brand-new competition sprouting up around the location, road building, and also employee turnover can affect repeat customers and also negatively impact future revenues. One essential thing to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business regularly, the better the chance to develop a returning consumer base. A final thought is the basic area demographics. Is the business located in a largely populated city, or is it located on the edge of town? Exactly how might the regional typical home earnings effect future income potential?