Reduced Price Unique Floral Business with Online Platform

, Texas 17 views 0 favorites

Financial Highlights
Asking Price
$300,000
Revenue
$449,380
Business Description

One-of-a-kind floral concept with outstanding online presence and well0established and loyal customer base. Since its inception (2017), the business has generated growth and consistent profits. The business has an important presence online with almost 24k followers on Instagram and 9k+ email distribution list. Very well thought business concept from specific sourcing of flowers from South America and Europe to specific local suppliers for packaging. This remarkable presence and cohesive brand reach customers nationwide and led the owner to obtain a trademark on the business name. The remarkable success of the business has been broadcasted in several morning / live TV shows in the Houston area. Currently, the business is focused on boxed floral arrangements and everlasting rose arrangements. Moreover, it offers flowers in vases, bouquets, and arrangements for small events. Despite the Covid-19 pandemic, the business had a record year in revenues and profitability reaching $450k (+7% Growth YoY) in sales and SDE of $112k (+20% Growth YoY). The outstanding results amid the pandemic demonstrate the strength of the brand online and locally. The current owner keeps a wide variety of inventory (flowers and packaging) with over $25,000 in inventory, which is included in the sale price. Location: Harris County, Texas Number of Employees: 4 Real Estate: Leased Building Sq. Ft.: 1,800 Rent: $2,377.00 Per Month Lease Expiration: 4/30/2022 Facilities: The business was started in 2017 from the owners’ garage. The owner saw the opportunity to start a fresh concept in the floral space in Houston. She developed the first flower arrangement in a unique boxed and obtained immediately positive feedback. The brand grew through social media, TV, and through word of mouth. Overtime, the business grew the collection to include many different styles of boxed flowers, and soon began selling Everlasting Roses (real roses that last up to 3 years). Given the unique and high end of the arrangements, the owner saw the need to create a showroom for customers to experience the quality of the product. The business opened its retail studio in April of 2018, which currently host all the operations of the business.

Business Details
Industry:
Online & Technology
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 9 hours ago

Views: 17

Favorites: 0