Established Floral Business and
807 River Road Fair Haven, NJ 07704
For Sale
$1,275,000
Turnkey floral business with property in Fair Haven, NJ.
Property Size2,565 SF
Price / SF$497.08
Days on Market98
Property Features for 807 River Road
General Information
Standard status
Active
Size
2,565 SF
Property subtype
Commercial
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES FOX & ROACH - RUMSON
(732) 530-2800
Listed By:
DEREK S DEBREE
Source:
Corcoran
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 27 at 5:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HOMESERVICES FOX & ROACH - RUMSON
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a floral design and gift business, along with its commercial real estate. The family-owned business has been operating since 1969, serving customers throughout Monmouth County. It is known for floral arrangements, design, and service, and has a client base and reputation within the community. The shop specializes in custom floral design for occasions and events, including birthdays, anniversaries, sympathy arrangements, weddings, and corporate functions. In addition to floral offerings, the business features a selection of gifts and specialty items. With over five decades of operation, the business benefits from community ties and relationships with local venues, funeral homes, and corporate clients. The offering includes a commercial property on River Road, providing a setting for retail operations with traffic and brand recognition. The infrastructure supports operations, including local delivery services. This is a turnkey opportunity for a floral designer, entrepreneur, or buyer to acquire a business and its real estate. Growth potential exists through expanded event design services, digital and e-commerce platforms, subscription-based floral programs, and corporate partnerships. The property size is 2565 square feet.
Key Highlights
- Established, Profitable Business: Turnkey floral design and gift business with a 50+ year history and strong reputation.
- Prime Real Estate: Includes highly visible commercial property on River Road in Fair Haven.
- Loyal Customer Base: Multi‑generational clientele and deep community ties.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.4k | $21.60 |
| − Vacancy | −$3.1k | −$1.21 |
| EGI | $52.3k | $20.39 |
| − OpEx | −$15.7k | −$6.12 |
| NOI | $36.6k | $14.27 |
2,565 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$523.0K
$457.6K – $610.2K
NOI $36,611 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$669.8K
$586.1K – $781.4K
NOI $46,884 @ 7.0% cap · market cap 3.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Rumson Flower Deliviry — Sycamore Ln, Rumson, NJ 07760, United States
- Third and Lennox Flowers — 740 River Rd Suite 202, Fair Haven, NJ 07704
- Boxwood Gardens Florists — 807 River Rd, Fair Haven, NJ 07704
Frequently Asked Questions
What type of property is this?
Storefront property - Turnkey floral business with property in Fair Haven, NJ.
Where is this storefront property located?
The property is located at 807 River Road Fair Haven, NJ.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Established, Profitable Business: Turnkey floral design and gift business with a 50+ year history and strong reputation.; Prime Real Estate: Includes highly visible commercial property on River Road in Fair Haven.; Loyal Customer Base: Multi‑generational clientele and deep community ties.
