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Florist In High Income Neighborhood Of North Dallas For Sale

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Location: Dallas / Ft Worth Metroplex Texas


Asking price:
$79,000 (Furniture / Fixtures included)
Sales revenue:
$170,000
Cash flow:
$40,000
Years established:
1970
Employees:
1PT/1FT

This 40 years established florist has been under the current owner's operation for over 15 years, and it has accumulated a strong customer base that helps the florist to be self sustaining without a single advertising or marketing. Its prime, prime location is another competitive advantage that this florist has over others, and surprisingly the annual household average income of this neighborhood is over $150,000. One of nation's largest home improvements retailer is right next to the center where this florist is occupied in and the nation's largest sandwich chain is right next door of this florist.


Real Estate:
Lease
Location:
Occupied in a 1,680 SF of retail space that has good visibility to the street that produces a tremendous traffics every day. Interior of this florist is beautifully decorated that gives a warm atmosphere to walk-in customers. All equipments including freezers are well-maintained and in good condition as well.

Expansion potential:
No single advertisement or marketing has been executed by the current owner for 15 years of the ownership. Pro-active marketing is needed indeed in order to increase sales. Private schools nearby, rich neighborhood, and corporate accounts are all good target to reach.
Competition / Market:
There is one direct competition found in the same market, but it has very bad visibility and is not as established as this florist.
Support & training:
Seller is willing to train buyer for a seamless transition for an agreed period of time.
Reasons for selling:
Burned out of being in same business and same location for over 15 years.
Financing available:
100% Cash at Closing.
Furniture / Fixtures value:
$20,000 (included in the asking price)
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