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Profitable And Established Flower Shop In Edmonton For Sale

Edmonton, Alberta, Canada
Asking Price:
$235,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$50K - $100K (CAD)

Overview:
This well-established flower shop offers a unique opportunity for an entrepreneur or floral enthusiast to own a beloved local business with a loyal customer base. Situated in a prime location, the shop has become a go-to destination for all floral needs, from everyday arrangements to special event decorations.

Business Highlights:

• Established Reputation: With years of service, this flower shop has built a strong reputation for quality and customer satisfaction.
• Diverse Product Range: The shop offers a wide variety of flowers, plants, and related products, catering to various occasions such as weddings, birthdays, anniversaries, and corporate events.
• Custom Arrangements: Known for its personalized and custom floral arrangements, the shop has a dedicated clientele who appreciate the bespoke services.
• Online Presence: The business features a user-friendly website with an integrated e-commerce platform, allowing customers to place orders online easily.
• Loyal Customer Base: The shop enjoys a high rate of repeat business from a loyal customer base, alongside a steady influx of new customers.
• Event Services: In addition to retail sales, the shop provides comprehensive floral services for events, including design, setup, and delivery.
• Growth Potential: The business has ample room for growth, particularly through expanding its online sales, social media presence, and corporate partnerships.

Facilities:

• Well-Equipped Store: The shop is fully equipped with all necessary tools and equipment to create stunning floral arrangements.
• Prime Location: Located in a high-traffic area, the shop benefits from excellent visibility and accessibility.
• Inventory: Sale includes current inventory of flowers, plants, and related merchandise.

Opportunities:

• Expansion: Potential to expand services to include workshops, subscription services, and additional product lines.
• Marketing: Increased marketing efforts, particularly through social media and online advertising, could drive further growth.
• Partnerships: Opportunities to establish partnerships with local businesses, event planners, and venues to boost sales and visibility.

Why Buy This Business:
This flower shop is a turnkey operation with a solid foundation, making it an excellent investment for anyone looking to enter the floral industry or expand their current business. The established customer base, prime location, and potential for growth make it a compelling opportunity.

For more information, please inquire through the appropriate channels.

Property Information

Real Estate:

Lease

Lease Terms:

There are 4 years left on the current lease, providing stability and security for the new owner.

Leasehold Rent:

$37,063 (CAD) per annum

Location:

The shop is located on a prime high street, benefiting from high foot traffic and excellent visibility. It is easily accessible and surrounded by other popular retail establishments, ensuring a steady stream of potential customers.

Premises Details:

• Well-Equipped Store: The shop is fully equipped with all necessary tools and equipment to create stunning floral arrangements.

• Spacious Interior: The interior space is designed to accommodate a wide variety of flowers and plants, with ample room for customers to browse and staff to work efficiently.

• Workshops: Features a workspace for staff to prepare and arrange floral orders.

• Inviting Ambiance: The shop has a warm and inviting atmosphere, designed to create a pleasant shopping experience for customers.

Business Operation

Expansion Potential:

Expansion: Potential to expand services to include workshops, subscription services, and additional product lines.

Competition / Market:

• Local Florists: While there is one other florists in the area, this shop stands out due to its long-standing reputation, personalized service, and high-quality products.

• Supermarkets and Online Retailers: The shop competes with supermarkets and online flower delivery services by offering superior customer service, unique custom arrangements, and a local touch that larger retailers cannot match.

• Event and Wedding Specialists: The shop has a niche in providing exceptional event and wedding floral services, distinguishing it from competitors who may not offer the same level of expertise and personalization in this area.

Trading hours:

Monday-Friday 9-5pm
Saturday 11-3pm
Sunday closed

Employees:
3
Years established:
6

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

• Comprehensive Training: The current owner is committed to providing comprehensive training to ensure a smooth transition. This includes detailed guidance on daily operations, inventory management, customer service, and floral arrangement techniques.

• Operational Support: Assistance with understanding the shop’s current systems and processes, including the e-commerce platform, point-of-sale system, and supplier relationships.

• Staff Introduction: Introduction to existing staff and key suppliers to facilitate continuity and maintain the high standard of service the shop is known for.

• Marketing Strategies: Guidance on current marketing strategies and suggestions for future growth, including social media and online advertising.

• Customer Relations: Tips and insights on maintaining and growing the loyal customer base, including customer service best practices and engagement strategies.

Furniture / Fixtures value:
$55,000 (CAD) - included in the asking price
Inventory / Stock value:
$10,000 (CAD) - included in the asking price