Offering For Your Consideration

Transcription

1 222 West Main Street Hyannis, MA Offering For Your Consideration PRICE REDUCED! Flowers by Mary Successful Cape Cod Florist Business Business Only Turn Key Operation Award Winning Shop Opportunity For Experienced Designer Growth Opportunities Proximity to Routes 6, 6A and 28

2 Table of Contents Confidentiality and Disclaimer 3 Transaction Advisors 4 Business Summary 4, 5 Location Information 5 Offers 6 Assessment of Opportunity 6 About Commercial Realty Advisors, Inc. 6 2

3 Confidentiality & Disclaimer The Offering Document was prepared by Commercial Realty Advisors, Inc., from and on information furnished by the Sellers. No guaranty, express or implied, is made as to the accuracy or completeness of this information, and it is subject to error, omission, change of price, change of description or condition, or withdrawal without notice. Commercial Realty Advisors, Inc., has not independently audited or verified any information, financial projection, legal description, use or permitted use, zoning, lease, sketch or plan. No projection of future income has been made or is guaranteed by Commercial Realty Advisors, Inc. or the Sellers. The recipient acknowledges its responsibility to perform a due diligence review at its own cost prior to any acquisition of the subject Business. Commercial Realty Advisors, Inc., represents the Sellers, on an exclusive basis. Commercial Realty Advisors, Inc., and any other brokers or salespeople represent the Sellers, not the Buyer, in the marketing, negotiation and sale of this Business, unless otherwise disclosed. This Offering Document is proprietary to the Sellers and any related legal or beneficial owner and to Commercial Realty Advisors, Inc. This information is made available to you because you represented that you were interested in purchasing the Business. Should you decline to make an offer to purchase the Business, or should the Sellers not accept such offer, you agree to return promptly this Offering Document and any other information provided to you. You acknowledge that you will treat all such information as a secret. You will not reproduce, discuss or in any way share such information with any party, including the Sellers, their employees, landlord, agents, customers, creditors, suppliers or competitors, unless prior written permission is granted by Commercial Realty Advisors, Inc. 3

4 Transaction Advisors Legal Counsel TBD Bookkeeper Mary Garrett, Owner Flowers by Mary 14 Cove Road Orleans, MA Business Broker Bill MacKenzie, Broker Associate Commercial Realty Advisors, Inc Ext Business Summary Mary Garrett, Owner/Operator, has been in the floral business for over 40 years, with more than forty (40) years of experience as a Designer, Shop Manager and Shop Owner. She is currently offering her Award Winning business Flowers by Mary, Inc. for sale in order to retire. Mary relocated her seventeen (17) year old flower shop business from Truro to Orleans. Over the past seven (7) years in Orleans, she has diligently and successfully increased annual dollar revenue each year. Mary stated that this was accomplished through increased customer satisfaction and word of mouth advertising. This turn-key business would be ideal for an experienced floral shop manager/designer looking to establish their own business. 4

5 Business Summary, cont. Open six (6) days a week, the shop services customers and businesses from Dennis to Provincetown on beautiful Cape Cod. This is a full service florist supporting the community with fresh custom designs for every occasion, large or small. Fresh shipments arrive daily of high end flowers. Beautiful Orchids, Dish Gardens, and Mary s specialty, gorgeous floral arrangements in modern clear glass containers. Lovely gift baskets are arranged to help customers celebrate or to show appreciation for family, friends or employees. In addition, all funeral homes in the area are serviced by Flowers by Mary, Inc. of Orleans. This business handles a significant amount of sales by phone, but has other opportunities for continued growth via social media, B2B networking, and local advertising. Being a florist can be a rewarding business, if operated full time and managed by an experienced Owner/ Designer. Current staff members and drivers (2) offer the new owner experience with customers and knowledgeable about the business. Staff increases to 6 or 7 for special events and holidays. Current Owner will assist in the cross training of an experienced Designer, the amount of time TBD between both parties. Owner will not remain with business. There are currently 20 independent Florist Shops listed on Cape Cod according to Town records. Location Information Located in Orleans, this business has access to all three (3) major highways, Rte. 6, 6A & Rte. 28. The proximity to other retail shops, banks, businesses and residential properties is easily accessed by car. Ample parking is available. Ownership Organized as an S Corp under rules of the Internal Revenue Service and the laws of the Commonwealth of MA. 5

6 OFFERS Asking Price for the Business has been reduced to $73,500 from $98,500. There is no real estate involved. Owner is ready to retire and will entertain ALL reasonable offers Lease: To be negotiated with Landlord. Rent + Utilities and CAM. ASSESSMENT OF OPPORTUNITY Although business has a strong foundation and solid reputation for excellent customer service and high quality design work, new Owner(s) should consider promoting and growing the business via the internet, i.e., Facebook, Twitter, LinkedIn, etc. About Commercial Realty Advisors, Inc. Commercial Realty Advisors, Inc. specializes in the commercial and industrial real estate, mergers, acquisitions, joint ventures, divestitures, and other business broker strategies. It is a commercial and real estate and business brokerage based in Hyannis Massachusetts, with offices in Boston and specializing in middle market transitions. The culture of the firm is that of an investment bank with a premium placed on intellectual vitality, relationship management and knowledge of geographic markets. A cadre of well educated and successful experts partner with clients to achieve objectives in a cost and time effective manner. Our business is broadly based. Our real estate practice includes development, investment and other commercial sale, lease and management arrangements. Transactions include manufacturing, retailing, food processing, restaurant and hospitality, golf coarse, marinas and other business. For more information about this offering or other business opportunities please contact: Bill MacKenzie Commercial Realty Advisors, Inc , ext. 111 bmackenzie@comrealty.net 6