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    Retail properties & Spaces

    0 A Premier Florist Shop, Pittsboro, NC 27312

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    AI-generated overview

    This exceptional opportunity presents a thriving retail florist shop and event service business located in the desirable Fearrington Village of Pittsboro, NC (zip code 27312). The business enjoys a stellar reputation, serving both the local community with traditional retail and delivery services, and a high-end clientele throughout the Southeast with its event and wedding floral design division. This dual-faceted operation boasts an owner-operator cash flow of approximately $200,000 annually. Established nearly 20 years ago, the business benefits from strong supplier relationships, a stable employee base, and an efficient on-site setup. The current owner is committed to ensuring a smooth transition for the new owner, providing ample support during the handover. The business occupies a space with a monthly rent of $800, and is offered at an asking price of $550,000. This turnkey operation is ideal for an entrepreneur seeking a well-established, profitable business with significant growth potential in a prime location. The business is featured in numerous wedding publications and enjoys an excellent reputation for high-quality, exclusive floral arrangements and event services. This is a rare opportunity to acquire a profitable and established business with a strong brand presence and loyal customer base.

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    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Allowed · conditional · prohibited
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