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Presenting a newly renovated Flower Shop ideally situated in the prime location of Sherman Oaks! The seller has spared no detail in the remodel, with updates including new flooring, paint, bathroom, and a brand-new refrigerator. Speakers have been installed throughout, enhancing the ambiance for customers. The current sellers began their journey as an offline store in March 2021 and recently relocated to Sherman Oaks in 2023. Operating hours are from 10 am to 6 pm every day, offering convenience for customers. The facility boasts spacious prep tables, perfect for fulfilling event orders with ease. This thriving business maintains a strong presence on social media, showcasing its extensive experience. The shop features ample storage space, a receptionist desk, beautiful displays, 2 security cameras, a TV, A/C, an office room, and much more! The seller is open to Seller Financing, offering flexibility for interested buyers. Everything necessary for the operation of the business is included in the sale, including a website and an Instagram account with a substantial following and images of past events. Balloon services are also offered. Multiple delivery services are utilized, including platform-provided drivers, Roadie, HappyToDeliver, and an in-house delivery person. The business benefits from a 5-year lease with 4.5 years remaining at $4,647 per month, including CAM, with the possibility of extension. Trash removal is not included. The business currently employs two individuals earning $24/hour, working a total of 48 hours per week. Monthly expenses include rent, trash removal, electricity, and insurance. Gross and net incomes are to be determined, reflecting the potential for further growth and profitability.
Property Type(s):
Commercial
| Last Updated | 10/18/2024 | Community | Sherman Oaks |
|---|---|---|---|
| County | Los Angeles |
Price History
| Prior to Mar 4, '24 | $340,000 |
|---|---|
| Mar 4, '24 - May 3, '24 | $280,000 |
| May 3, '24 - Today | $220,000 |
Additional Details
| AREA | Sherman Oaks |
|---|
Location
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Listed with JohnHart Real Estate
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