DiscoverAcquiring MindsTaking a Flower Shop from $600k to $9 Million
Taking a Flower Shop from $600k to $9 Million

Taking a Flower Shop from $600k to $9 Million

Update: 2025-01-06
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Description

Michael Jacobson bought his uncle's barely-profitable 45-year-old flower shop in LA. In 4 years he's grown it 16x.

Topics in Michael’s interview:

  • Revamping his uncle’s flower shop
  • Replacing the overpriced phone system
  • Building custom software for the floral industry
  • Why flower shops are hard to run
  • How “wire services” like 1-800 Flowers work
  • Switching to Google Ads for better ROI
  • Doubling revenue with a new website
  • Operating as a digital-first brand with physical locations
  • Becoming the French Florist franchise
  • Why he’s not interested in private equity money

References and how to contact Michael:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Get a complimentary IT audit of your target business:

Get a free review of your books & financial ops from System Six (a $500 value):

Connect with Acquiring Minds:

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Taking a Flower Shop from $600k to $9 Million

Taking a Flower Shop from $600k to $9 Million

Will Smith