Martha's Gardens Floral Studio: Award-Winning Floral Business in the Twin Cities
1593 Selby Avenue, Saint Paul, MN 55104
- For Sale $145,000
- Property Type Retail - Street Retail
- Property Size 800 SF
- Date Updated Feb 24, 2022
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- City Saint Paul, MN
- Neighborhood Union Park
- Zip Code 55104
- Market Minneapolis St Paul
- Profitable floral business with a healthy mix of retail and wedding/corporate business
- 33.85% cap rate, 2.95 SDE multiple, 29.57% revenue as % of Sale Price
- This has been a healthy and profitable business for the past 20+ years; the business has served the top event venues in the Twin Cities
- Award-winning operation, including being included as a 2021 finalist for Minnesota Bride Magazine's "Best Of" list
- The business is in currently in an A+ location at the intersection of Snelling Avenue and Selby Avenue in Saint Paul; a lease renewal at the current location is a possibility
- Fantastic online reputation, including 4.9 stars on WeddingWire, 4.8 stars on The Knot, 4.8 stars on Google, 4.5 stars on Facebook, and more
- Other wedding offerings include floral, lighting, props, and more
- Custom gifts include bouquets and "celebration creations" (elegant gift boxes)
- The business offers daily delivery metro-wide
- Online ordering is available
- There are numerous opportunities for growth at the business, which are outlined in the Offering Memorandum
Frequently Asked Questions
What is the total square footage of Martha's Gardens Floral Studio: Award-Winning Floral Business in the Twin Cities?
Martha's Gardens Floral Studio: Award-Winning Floral Business in the Twin Cities totals 800 square feet.
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