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Premier Florist Boutique Business

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Complete NDA for Full Overview

Annual Revenue: $410,000

SDE: $45,000

Location: Nova Scotia

Industry: Retail

ID: 1370

Status: New

Description

Presenting a rare opportunity to own a thriving florist shop, renowned for its exquisite floral arrangements and unwavering commitment to quality. This well-established floral haven is perfectly positioned in the heart of a vibrant community, drawing in a loyal customer base and benefiting from high foot traffic.

Key Features:
- Prime location
- Robust clientele
- Turnkey operation
- Quality inventory
- Reputation for excellence

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Annual Revenues and Seller's Discretionary Earnings, with year end January 31:

2023
Revenue: $410,000
SDE: $45,000

2022
Revenue: $500,000
SDE: $80,000

2021
Revenue: $490,000
SDE: $90,000

** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:

https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

Operations

The property is leased space of approximately 900 sq. ft.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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