Los Angeles Suburb Florist

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Background

BizEx ID:BizEx1301-KF
General Location:Conejo Valley area, CA
Category: Florist, Gifts
Years in Business:23
Under Present Owner:23
Hours of Operation:9:30am-5pm
Owner Hours:9am-5pm
Training:4 weeks @ 20 hours
Organization Type:Sole proprietor
Lease Expiration:October 1, 2024
Lease Options:N/A
Building Size:1,166
Employees:6
Reason for Sale:Moving out of the country

Financials

Asking Price:$215,000
Down Payment:$215,000
Gross Sales:$215,000
Discretionary Cash Flow:$75,000
FF&E:$20,000
Inventory Included?Yes
Inventory:$6,000
Min. Operating Capital:$6,000
Real Estate Available?No
Rent:$2,078
Payroll:$3
Financing:Call

Pictures


Description

A rare opportunity to purchase a long-established floral design studio located in one of the most desirable, and prestigious areas in the United States. Featuring a superb reputation and an impressive celebrity client list, this is the first time on the market for this little gem. Established 23 years ago, the business consistently earns over $200,000 per annum and offers untapped potential to the next owner ready to take it to the next level. For more information please contact Kendric Foultz at 310-968-2369.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Kendric Foultz
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations