Established Florist in Downtown Ann Arbor, MI

Lily's Garden Florist

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Financial Details

Asking Price:
$149,999
Annual Revenue:
$263,764
Cash Flow / SDE:
$80,000
Profit Metric:
Seller's Discretionary Earnings
Valuation Multiple:
1.9x
Location:
Ann Arbor, MI, US
Source:
Date:
October 12, 2025

Key Highlights

Established 40-year-old family-owned florist in vibrant downtown Ann Arbor.
Strong online presence with 80% of sales online, specializing in petite weddings and daily deliveries.
Prime location in historic Kerrytown district, next to Zingerman's Deli, with seller financing available.

Description

This listing presents an opportunity to acquire Lily's Garden Florist, a well-established and profitable flower shop located in the heart of downtown Ann Arbor, Michigan. Founded in 1985, this family-owned business has cultivated a strong reputation over 40 years for its floral artistry, personalized service, and specialization in petite weddings and intimate celebrations. The shop serves Ann Arbor and surrounding areas with daily deliveries. With 80% of sales generated online, the business has a robust digital presence. It is currently operated from the owner's home and is noted as relocatable. Key financial highlights include an asking price of $149,999, Seller's Discretionary Earnings of $80,000, and Gross Revenue of $263,764. The business includes $5,000 in FF&E and $3,000 in inventory (not included in asking price). The lease for the current operational space is $2,400 per month. Seller financing is available, and the owner is motivated to sell to pursue a new career after 30 years. This business would be an excellent addition for an existing florist or event venue, or could continue as a home-based operation.

Industry Information

Industry Description:
Florist / Flower Shop
Classification:
Retail

Operational Snapshot

Year Established:
1985
Employees:
3
Reason for Selling:
Owner pursuing a new career after 30 years.

Real Estate & Lease

Status:
Leased
Monthly Rent:
$2,400 USD

Assets & Inventory

FF&E Value:
$5,000 USD
Includes FF&E:
Yes
Inventory Value:
$3,000 USD
Includes Inventory:
No

Broker Contact

Name:
Jason Kassab
Company:
Michigan Business Broker

Listing Details

Listing ID:
f533d407-7787-4575-a397-14f219049e2e
Source Listing ID:
2423917
Deal Status:
For Sale
Last Updated:
October 12, 2025
Currency:
USD

Features & Tags

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