FOR SALE
$1,375,000

885 Madison Avenue
Mankato, MN 56001

Business Opportunities
Commercial
N/A
Acre Lot
Courtesy: True Commercial, LLC
Agent Websites> Minnesota> Mankato> 56001
Creative options available with this prime highly visible Mankato Hilltop location. Sellers prefer to sell business and real estate as a package deal but open to property redevelopment ideas or selling the business assets separately. Lease option available only if tenant continues current business operations. Business only assets offered at $145,000. Business buyer may lease the 3200 SF retail space at a rate of $4000 per month or has the option of moving business to a different location if desired. Hilltop Florist has served Mankato and the surrounding communities for several generations and customers know Hilltop Florist as the premier source for flowers, plants, stunning floral arrangements, wedding decorations and design consultation, home d cor and unique gift offerings. This business truly is one of Mankato s iconic brands with a long-standing excellent reputation. Consistently named Mankato s Best Florist! The service team and award-winning designers prides itself on prompt and attentive care and establishing long term relationships with all of their clients. The team also provides consulting for weddings, funerals, and other special occasions. Customers may shop in the retail store during weekly retail business hours or place an order 24/7 via the website. Purchase price includes long established brand name and reputation in Southern Minnesota. All furnishings, fixtures and floral equipment needed for this turnkey business; including a Dodge Caravan, Rav4, Ford Transit Van for deliveries and all retail store inventory in stock as of closing date. The new owner will have multiple opportunities to grow the business: developing more corporate relationships, increasing the online presence, adding more workshops and special group gatherings, and expanding product lines. With a turnkey CRM including retail cash register software, a mobile ready website and a known brand name - creating satellite stores in the region are strong opportunities for a new owner. Owner will provide training at no additional cost to buyer up to 80 hours total for the first 4 weeks after closing. In addition, the owner will consult buyer via telephone for up to 6 months post-closing. Real Estate is included in the purchase price. Prime location along high traffic Madison Avenue and located right next door to the soon to be developed Starbucks. Well maintained building features 3283 SF of retail space with 2 restrooms and 3 office areas. The attached 3156 SF greenhouse can be transformed into a beautiful event space and there is plenty of warehouse space in the 1392 SF 3 stall garage. Power OH doors are 9 ft x 9ft. Property has easements in place for use of entire East side parking lot and secondary entrance from Dane St.
7033510
Business Opportunities, Other
Blue Earth
1940
Public Water
Stucco
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: True Commercial, LLC
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Information is deemed reliable but is not guaranteed.