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Businesses For Sale > Business For Sale in Somerset County, New Jersey (NJ)

Retail Flower Shop for sale in Somerset County, NJ

Somerset County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 79,900 $ 430,837 $ 46,935

Furniture and Fixtures Value:
$ 40,000 (included in the asking price)

Business Summary:
This wonderful florist business consists of a local New Jersey company delivering courteous and professional service along with the highest quality floral and gift items since 1972. They are family owned and operated committed to offering only the finest floral arrangements and gifts, backed by service that is friendly and prompt. They value their customers and their professional staff is dedicated to making every experience a pleasant one. Their friendly staff are always prepared to assist with placing orders for delivery with flowers, plants or gift items. From wedding & special event flowers, designing the bouquets and arrangements, to sympathy flowers & tributes customizing their floral tributes. They offer a variety of silk & dried floral arrangements, balloon bouquets, greeting cards, scented candles, and more! This florist company consist of 2 full time and 3 part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis salary, the staff is unaware of the pending sale & fully expected to remain post-closing, and the monthly payroll expense is estimated at $10,000. The business transaction will offer a non-transferable commercial lease in which terms shall be negotiated with landlord and rent security will be required. This is a dependable safe business opportunity. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

 

   
Year Business was Established: 1972
   
Number of Employees: 5  
   
Facilities / Terms of Lease: This fourteen-year-old retail facility which consist of approximately 2,000 square feet have a basic appearance and is on convenient county road for customer convenience. This opportunity is in North Central New Jersey, Somerset County, which consists of various affluent communities with continued demand for this industry.  
   
Potential Growth/Expansion: To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.  
   
Competition: To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.  
   
Owner willing to finance: May be considered with an appropriate down payment.  
   
Owner willing to train: The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.  
   
Reason for selling: Owner is retiring after many years.  
   
Seller Reference Number: RETL376
BusinessMart.com Listing Number: 247336
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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