885 Madison Avenue Mankato, MN

Overview

Description

This is a business for sale listing with a lease of real estate. Hilltop Florist has served Mankato and the surrounding communities for several generations and customers know Hilltop Florist as the premier source for flowers, plants, stunning floral arrangements, wedding decorations and design consultation, home décor and unique gift offerings. This business truly is one of Mankatos iconic brands with a long-standing excellent reputation. Consistently named Mankatos Best Florist! The service team and award-winning designers prides itself on prompt and attentive care and establishing long term relationships with all of their clients. The team also provides consulting for weddings, funerals, and other special occasions. Customers may shop in the retail store during weekly retail business hours or place an order 24/7 via the website. The owner of Hilltop Florist owns the real estate and will lease the current 3200 SF retail space at a rate of $4000 per month. The business is offered at a $145, 000 list price. Buyer also has the option of moving business to a different location if desired. Purchase price of business assets includes long established brand name and reputation in Southern Minnesota. All furnishings, fixtures and floral equipment needed for this turnkey business; including a Dodge Caravan, Rav4, Ford Transit Van for deliveries and all retail store inventory in stock as of closing date. The new owner will have multiple opportunities to grow the business: developing more corporate relationships, increasing the online presence, adding more workshops and special group gatherings, and expanding product lines. With a turnkey CRM including retail cash register software, a mobile ready website and a known brand name - creating satellite stores in the region are strong opportunities for a new owner. Owner will provide training at no additional cost to buyer up to 80 hours total for the first 4 weeks after closing. In addition, the owner will consult buyer via telephone for up to 6 months post-closing. Additionally, seller is also open to selling the entire 7831 SF retail store and greenhouse with the business assets. Total list price for business and real estate = $1, 375, 000 Property has easements in place for use of entire East side parking lot and secondary entrance from Dane St.