Description

This is a Florist in San Luis Obispo that has been in business for the past 74 years, However the current owners have only owned it for the past 42 years. The size of the location is 2,265 Sf. with the rent listed at $3,227/ a month (which I believed that is the total including NNN since they put all NNN charges at $0.00). Their grossed $484,K with Net Profit of$122,786 for 2021. Owner also claims that, they have average $15,000 to $20,000 worth of inventory which is included in the listing price. They also had the opportunity to make a whole lot more money last year, but they have been so busy and they are looking to retire so they decided last year to stop doing weddings which could have  easily made their net and gross profits much higher. Right now it has been both the husband and wife that are the owners working with their daughter who goes to school , plus one other part time employee to run the business. Asking price is $220,000.00

Business Information