Established Florist in Downtown Ann Arbor, MI
Lily's Garden Florist
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
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