Willson Florist has a good reputation for quality workmanship and products in Vermillion and the surrounding area. Indeed, customers including a great deal of out of town customers have been calling Willson Florist since Oct. 1, 1958.

This business opportunity is being offered for $120,000, which is substantially lower than the value suggested by the earnings capitalization method. The ownerÕs discretionary income for the 2003 to 2010 period has averaged $51,000 per year. Therefore, at this purchase price, the buyer could pay themselves a small salary and recover the investment in the business in a relatively short period of time.

The following is a list of assets that are included in the $120,000, offer price. The replacement value of the tangible assets included with the business is approximately $109,000 as detailed on a spreadsheet and summarized below.

• Inventory - all gift inventory, flower supply inventory, plants and fresh flowers
• Counters and tables
• Fixtures, coolers, and leasehold improvements
• Office Equipment - Three computers, Typewriter, credit card machine, accounting software, phone system, and cash register.
• Wedding equipment
• Delivery Van - 1996 Chevy Lumina
• Displays - includes all display items, cooler equipment, and storage units.

• The Willson Florist name has been associated with excellent customer service and high quality merchandise for over 53 years.

• Phone number, which has been in place since 1958 (A) Yearly phone orders are over $130,00 per years.
• Holiday information, history, use of Willson Florist name.

Agents:	Glynis Erickson	Phone:	605-267-4474
	Beth Lewison	Phone:	605-212-9556