May 23, 2024 | Business Appraisal, Business Valuation, Buying a Business, Florist
Dreaming of owning your own floral business? Want to trade your cubicle or home office for a place where the air is sweet with the scent of fresh blooms and vibrant colors adorn every corner? The floral industry is blooming with opportunity. Owning a flower shop...
May 14, 2024 | Business Appraisal, Business Valuation, Florist, Selling a Business
Thinking of parting ways with a blooming flower business? You may be ready for retirement or open to fresh entrepreneurial endeavors. As a proud owner of a floral shop, you have cultivated a haven of beauty and fragrance. Now, you are passing the baton to new hands....
Oct 28, 2023 | Business Valuation, Florist
Floral businesses sell various types of flower arrangements and potted plants. According to IBIS World, there are about 33,000 floral businesses throughout the United States. These businesses generate approximately $1.8 billion in revenue per year. Moving forward, the...
Sep 24, 2023 | Business Valuation, Florist, Valuation Multiples
Floral shops buy flowers from various farms and sell them as floral arrangements, potted plants, and cut flowers. According to IBIS World, there are approximately 33,000 floral shops throughout the country. Over the past several years, the floral industry has...
Jun 28, 2023 | Business Valuation, Florist, Value Drivers
The floral industry has struggled for several years. Online flower retailers and other forms of external competition have caused a drop in the demand for traditional floral businesses. Covid-19 amplified this downward trend as many floral businesses were forced to...
May 27, 2023 | Business Appraiser, Business Valuation, Florist
The floral industry has struggled as a result of intense external competition as well as the 2020 pandemic. Moving forward, IBIS World expects this decline in revenue to slow down from a rate of -1.5 percent to -1.1 percent. Despite these conditions, many floral...
