Retail Store Sold After Just 3 Months Ownership

industry
Retail
TIME TO SOLD
67 days
COMMISSION SAVED
$9,800
SALE VALUE
$130,000
A florist and giftware store in a high-traffic retail strip sold for $130,000 in 67 days, saving over $9,800 in commission.

Company Profile

A well-established florist and giftware store in a high-traffic Mornington Peninsula retail strip.

Reason for Sale

Sometimes businesses aren't a fit, this was the case for the seller who had only purchased the business from Bonza 3 months prior to sale. It was a little too hands on and she needed something that required less input from her.

The Process

The resale process was quick and painless taking less than 70 days to complete. Our broker Lizzy had sold the business to the current owner just 3 months prior, who was impressed by Bonza's process, and trusted us again with her change-of-heart sale.

Outcome

What could have been quite a difficult sale due to the buyer not having much history in the business, or even 1 year of historical financials, the right buyer was identified quickly. It sold for $130,000 in 67 days.

Commission saved: over $9,800 compared to a traditional broker.

Business Sold

  • Price: $130,000
  • Sold in: 67 days

Customer Feedback

"I am thrilled to have Lizzy as my broker for the resale of a florist I purchased earlier in the year." - Bonza Client

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