Florist in Downtown Ann Arbor Established in 1985

Listing Price: $149,999

Asking Price: $149,999
Cash Flow: $80,000
FF&E: $5,000
Inventory: $3,000

Business Description

Profitable Flower Shop Ready For New Owner

Lily's Garden Florist is an Ann Arbor institution. What started as a small florist in 1985 is now a family-owned and operated business with 40 years of floral artistry serving the heart of this vibrant college town. Located in the historic Kerrytown district next door to Zingerman's Deli and across from the famous Farmer's Market, this charming boutique shop has built an exceptional reputation for personalized service specializing in petite weddings and intimate celebrations, while offering daily deliveries throughout Ann Arbor, Ypsilanti, Saline, and Dexter. With glowing customer reviews praising their "fierce beautiful blooms" and reliable service. Lily's Garden represents an opportunity to own a well-established floral business in one of Michigan's most desirable and high-traffic cities.

Detailed Information

Location: 414 Detroit St.
Ann Arbor, MI

Real Estate: Leased

Building SF: 900

Lease Expiration: 2025-09-30

Employees: FT / 3PT

Facilities: Currently this business is run from the owners home. The main floor of the home is used for business and retail sales. The new owner will need to relocate or operate as an online florist with pick up and delivery service.

Competition: There is some competition but this business has a strong and loyal customer base. 80% of sales are done online and delivered locally.

Growth & Expansion: This would be a great addition to an already existing florist or an event venue. This could be operated as a home based business as well.

Support & Training: 10 business days, 4 hours per day

Reason for Selling: After 30 years in the business the owner is exploring a new career.

Lease Info: Lease Ending Soon - Must Relocate