Ringgold Florist and Gift Shop. Includes Real Estate.

Business Opportunity for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30746977
Property Subtypes: Retail Stores
Building Size (RSF): 1,500 SF
Sale Price: $225,000
Name of Establishment: Ringgold Florist and Gift Shop
Business Website Address: RinggoldFlorist.com
Year Business Established: 1947
Gross Revenue: $210,000 (Annual)
Cash Flow: $45,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash to seller. The owner will assist for up to 4 weeks.
Last Updated: 7/17/2021

Overview / Comments

Ringgold Florist, a full-service floral boutique with a small-town location perfect for a Hallmark Movie, has been providing floral services to Northwest Georgia since 1947. Offering includes unique floral & gifts for any occasion or special event. This well-established, award-winning business provides premium floral arrangements to both commercial & residential customers. The shop is turn-key ready with strong relationships with local organizations in the community and loyal clientele. Services include a full range of flowers, arrangements, interior plants, special occasion gifts, and seasonal decorations. Easy to access the website for customers that prefer to browse and order online. Real Estate and Assets included in price.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Industry Segment: Florist
Reason for Selling: The seller has relocated and wants to retire.
Value of Inventory Included ($): $10,000
Value of Furniture, Fixtures, and Equipment ($): $15,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $225,000
Employee/Labor Description: Manager and two part-time employees.
Mgmt/Training Support Description: Management would like to stay.
Competition/Market Description: Little competition.
Growth/Expansion Opportunities: Growing area and business could easily expand to other areas.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,575 16,022 36,406
Median Age: 35.17 36.89 37.93
Households: 681 6,033 13,489

Contact

Photograph of Listing Agent

David Melton

Pointe Commercial Real Estate Greater Chattanooga REALTORS® Member
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