SOLD! Floral and gift shop with a beautiful free standing building!

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floral #3

TYPE OF BUSINESS:  Beautiful floral and gift shop in a free standing building south of the river.  Business has been established since 1986.  Current owner has owned it for over 9 years and is considered a semi-absent owner.  Owner oversees weddings and the books. The business sells fresh flowers, plants, gift items, cards, balloons etc. The business enjoys a great reputation and it provides it’s customers with a quality product that is competitively priced.  The hours are Monday through Friday 9 – 6, Saturday 9 – 3. Closed on Sunday.

 

FACILITY:  The business occupies 2,560 sq. ft. with plenty of parking. The building is available for rent or purchase and is located in a mix of residential and retail space.

 

EMPLOYEES:  The business operates with 4 part time employees.

 

SALES/CASH FLOW:  Gross sales for year ending 2015 were $356,390; cash flow was approx. $125,577.  Gross sales for year ending 2014 were $373,194; cash flow was approx. $108,489 to a semi-absent owner.

 

 

ASKING PRICE:  The owner is asking $199,000 for the business and $330,000 for the building. The price includes furniture, fixtures and equipment which are valued at approx. $25,000 and the inventory is approx. $12,500.

Featured Listing: Newly Renovated Office/Warehouse Building in St. Paul. New Asking Price!

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Side of BuildingOffering Price $1,279,000
Building Address 519 Payne Avenue, St Paul, MN 55130
Description Office / Showroom / Warehouse
Year Built 1917
Building Size 25,400 SF
Extra Lots Two small parking lots and a duplex are included in the sale
Construction Brick and Concrete Block
Office / Warehouse Approximately 2/3 Office Showroom | 1/3 Warehouse Storage
Sprinkler / Elevator Dry System Throughout the Building | Freight Elevator Served
Clear Height Office – 8’ | Warehouse – 10’
Parking Approximately 65 Stalls
HVAC & Heaters Forced Air (All utilities are separately metered for each Tenant)
Electric 1200 Amps | 480 Volt | 3 Phase
Taxes $33,460
NOTE ONLY 4,480 SF Vacant on the First Floor in the Building
4 Tenants in Place with 3 or more years on Lease