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Listing ID: 623

SOLD

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$200,000 CAD

FLORAL SERVICES

Flower Shop in bustling Neighbourhood in North York

Toronto, ON

Independent

$200,000 CAD

FLORAL SERVICES

Flower Shop in bustling Neighbourhood in North York

Toronto, ON

Independent

Well-established florist has been in operation for over 30 years and has consistently provided comfortable profits during the entire period. The owners now wish to retire and pass on this lucrative venture to someone new. The shop serves a large community of condo residents in the heart of the GTA at a major intersection of North York near a key subway station. Most of the patrons are young professionals who have discovered the establishment through the considerable internet marketing efforts of the management as well as through word-of-mouth and because of its reputation. There is a very competent full and part-time staff of 6 (aside from the proprietors) who are willing to continue the tradition of providing superior products and service to its loyal clientele. The store has a large number of repeat customers. This is an ideal opportunity for an individual with a background in horticulture or who simply loves flowers. Listed at $200,000.

Legal Body

Sole Proprietor

Established In

1985

Proprietary Assets

Reputation

Last Year of Completed Statements

2015

Gross Revenue

$315,000

Annual Earnings

$120,000

Land/Building Included

No

Rent/Lease Amount

$50,000

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Buyer's networth must be greater than $200,000.00

BizON assumes no responsibility for the accuracy of any information shown.

More From Seller (1)
Annual Return On Investment Calculator

Annual Earnings:

$120,000

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

 

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