Premier Full Service Floral Design A+ Clients. LA

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Background

BizEx ID:BizEx1389-DH
General Location:Los Angeles, CA
Category: General Internet
Florist, Gifts
Years in Business:23
Under Present Owner:23
Hours of Operation:M, W, F 8a-5p
Owner Hours:Varies
Training:6 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:Mo/Mo
Lease Options:
Building Size:
Employees:4
Reason for Sale:Other Interest

Financials

Asking Price:$900,000
Down Payment:Negotiable
Gross Sales:$725,000
Discretionary Cash Flow:$275,000
FF&E:$10,000
Inventory Included?Yes
Inventory:$17,000
Min. Operating Capital:$50,000
Real Estate Available?No
Rent:$2,000
Payroll:$2,000
Financing:SBA

Description

Premier floral design company with high end corporate and A List celebrity clients. Business pivoted during covid to an online ordering system and flourished with this strategic move.

Company is a top florist in LA County and provides services for corporate clients, celebrities, weddings, parties, and all types of experiential events.  The company utilizes a trusted network of independent contractors for deliveries and support services.   

With over 20 years in business, this company is well known for elegant compositions of natural art.  Their outstanding reputation keeps the company growing and their outstanding service keeps clients loyal.   The owners are willing to offer reasonable training period and advise on revenue expansion opportunities for the new owner.  

Asset Sale to include all FF&E and Inventory - debt free. 

For more information, please complete the "Buyer Registration" including a Non-Disclosure Agreement online at www.bizex.net

Dan Higgins, Business Broker; (714) 719-1809, dhiggins@bizex.net

Eric Mellem, Business Broker; (310) 293-6414, emellem@bizex.net.

 

 


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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.




Dan Higgins
Marketing Consultant
4640 Admiralty Way, Suite 500
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#:




Eric Mellem
Business Broker/ M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802

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