Popular Upscale Vail Valley Home Décor, Gift and Flower Shop
ASKING PRICE: $690,000
LOCATION: Vail, Colorado
GROSS REVENUE: $1,500,000
CASH FLOW: $250,000
EMPLOYEES: 7 ft, 2 pt
INVENTORY: $75,000 (Included in price: No)
YEAR ESTABLISHED: 2008
FFE: $50,000 (Included in price: Yes)
Popular upscale retail boutique, specializing in everyday and luxury event floral arrangements, gifts and home décor products with local delivery. Located in an upscale retail shopping area in the Vail Valley, the shop caters to locals, 2nd homeowners, visitors, venues, hotels and businesses as its clients. Since its inception in 2008, the business set out to establish its shop as the premier boutique for flower arrangements and inspired gift/décor items in Vail Valley. The company differentiated itself from competition by using flowers and creatively designed arrangements that are artistically inspired by the seasonal changes and the local beauty of the mountains. In addition to everyday flowers, their hostess gifts, selfcare products and home accessories make this boutique an often-visited shop by locals. Growth potential exists in the existing business model, as well expansion of wedding and special event business.
LOCATION: Vail, Colorado
FACILITIES:
The business currently occupies 1,927 sf in a highly visible location, with a beautiful showroom/work-space with an abundance of natural light. The company also conducts private and public workshops in the space. The business rents an underground parking spot for its main delivery van, as well as a small storage unit to house overflow rental inventory. The business has a lease with renewal option.
COMPETITION:
The shop is strategically located in the most visible shopping and visitor area in its community. Little competition in the immediate area with this variety of business activity attracts customers. New owner can expand online business traffic to complement existing repeat customers and walk-in trade.
POTENTIAL GROWTH:
Located in a highly visited shopping district, which includes unique boutiques, coffee shops, bookstore, restaurants, art galleries, hotel and bars. A new owner might exploit the shop’s reputation for creative designs, quality products/services to expand wedding and event business.
SUPPORT & TRAINING:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
FINANCING/TERMS:
The Seller will entertain offers of varying financial and legal structures.
REASON FOR SELLING:
Relocation
LISTING ID: 202407
