For Sale
$120,000

314 Sprague Ave Spokane, WA 99202

Established Floral Business, High Sales

Overview

Added:
Dec 11, 2024
Days on market:
127
This iconic Spokane flower shop, operating for 118 years, is available for purchase. Boasting a 2,024 square foot showroom, office, and design studio, this business includes all fixtures, furniture, equipment (FF&E), a cooler, and inventory. The current owners, in place since 1992, are retiring and offering a transition period. The business enjoys a prominent client base, attractive lease terms, and a strong reputation, evidenced by numerous civic awards. Sales in 2022 totaled $414,452, with 70% derived from the Teleflora network and 30% from local sales and walk-ins. The business serves a wide area, from Mead to Spangle and Airway Heights to the Idaho state line. An agricultural license exempted the business from pandemic closures. A cash offer is preferred, but seller financing may be considered based on creditworthiness. S corporation filings are available upon signing a non-disclosure agreement (NDA). This is a rare opportunity to acquire a well-established, profitable business with a rich history and significant growth potential.

Highlights

  • $120,000 asking price for established floral business.
  • 2,024 square feet, Spokane, WA.
  • Established 118 years, current owners retiring, offering transition period.
  • Includes all fixtures, furniture, equipment (FF&E), cooler, and inventory.
  • 2022 gross sales: $414,452.

Property Details for 314 Sprague Ave

Property type
Commercial real estate
Square Feet
2,024 SF

Location Insight

City
Spokane
County
Spokane
State
Washington
Latitude
47.6571184
Longitude
-117.4060039
314 Sprague Ave, Spokane, Washington

FAQs

What type of property is this?
Commercial real estate - Established Floral Business, High Sales
Where is the commercial real estate located?
The property is located at 314 Sprague Ave Spokane, WA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: $120,000 asking price for established floral business.; 2,024 square feet, Spokane, WA.; Established 118 years, current owners retiring, offering transition period.
How can I contact the broker?
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314 Sprague Ave
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