Sold For$107,000
StatusClosed
Sold Date10/14/2021
Total Baths1
Partial Baths1
SqFt
1,750
CountyMonroe
SubdivisionMisc Sub MM 97-107 (98.0)
Year Built1975
Property TypeBusiness Opportunity
Property Sub TypeCommercial
Long time, 30 plus years, well established business. Great lease from Bank of America at 2,984.20 which includes all utilities. Brand new 2021 Nissan delivery van with a $5,000 advertising wrap. The cost of flowers is approximately $2,000 per week and the industry norm is a 4-5 time market up. Key Largo Flowers and Gifts averages a 4 time mark up or an $8,000 weekly gross which leaves a $6,000 profit per week. Averaging $312,000 annually. Plus the sales of their gifts, lottery ticket sales, and jewelry. Fantastic Key Largo location in the Bank of America building and the only local florist. The business has several regular motel clients and wedding vendors, but there is a lot of room for expansion.