Gift Baskets and Gifts of Florida
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $195000
Net Profit / Cash Flow $25000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1988
Number of Employees 1 - 3
Inventory 15000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes
Reason for Sale Other interests
Description Profitable retail and corporate Gift Basket business. In continuous operation over 18 years in Broward County, Florida. Many long term corporate accounts with good monthly cash flow. This sale includes all of the following: Retail storefront in excellent strip mall in the heart of Broward County Florida, strong monthly accounts with local real estate and hospitality industry, several active affiliate programs and a established web site with e-commerce.
We offer our customers gourmet food gift baskets, unique lines of gift items including candles, gift cards, baby products and bath & body products. Annual Gross Sales for 2003 were $195,000, with an Adjusted Profit of $30,000. The Asking Price for the business has just been reduced to $15,000. The business was started in 1988. A new owner will be acquiring a business with a well known name, reputation, and location, as well as established accounts. The development of the web site has significantly increased out-of-state orders. In addition we have been designated as a preferred vendor for many of the Ft. Lauderdale Hotels and Home Builders. Opportunities exist for further development of the retail site and preferred vendor programs.
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