Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 45118001
Business For Sale
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Profitable Flower Business in Toronto for sale
$50,000.00 (Cdn)
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Business Location: Toronto Area
Postal Code: M4T
Relocatable: Yes
Business Categories:
Retail Stores & Sales
E-Commerce & Internet
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This is an online flower shop with a focus on wedding flowers. Our customers browse our online catalogue and choose the collection that fits their wedding palette. The flower collections are created from flowers that are typically available all year round, so customers can easily visualize what they're getting. When we receive an order, we input it into our template which tells us what flowers to order. The flowers are delivered to us by our wholesaler and we make them. We partner with delivery drivers and setup vendors for couples who require venue setup. The concept is very popular (67 five-star Google reviews) and we are a preferred vendor for many Toronto wedding venues.
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The net income is $10k - $15k after all expenses, but note that I write off many costs like rent. Annually, the revenue is about $50k and the cost of goods sold are about $20k, meaning there’s a 60% gross profit margin. With the remaining $30k in gross profit, I estimate there are $5-7k of expenses that need to be incurred yearly. That means that after tax, I think it’s reasonable to expect a net profit of $20k if you're able to run this business from home (no rent).
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The way we work is different to other wedding florists in that we have pre-designed flower collections, from which our couples can choose. This model allows us to keep our pricing very competitive, because everything has been pre-designed and less time needs to be spent establishing the design at the outset. Our couples appreciate the ease with which they can choose their flowers and the transparent pricing. This is atypical for wedding florists in Ontario but it is very popular.
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Flower receipies and order templates
- Online Domains
- Existing Relationships with Venues
- Order Tempates
- Inventory
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