Long-established (40+ years) and very active Florist and Gift Shop business in northern Rhode Island. (Owner seeking to retire.) The business (2,066 s.f.) is being offered as a potential “turnkey” opportunity for professionals seeking to establish or expand their floral business footprint into the northern part of Rhode Island and nearby Massachusetts. The offering includes all furniture, fixtures, equipment, delivery vehicles, and customary inventory to afford you a seamless acquisition. This business is recognized a Top 1,000 Partner of all national members participating in the FTD® floral industry network for outstanding service and quality. The business may be acquired as a “business only” opportunity or can include the business real estate – which consists of an attractive and well-maintained 6-unit commercial income-producing property with easy highway access.
1300 Park Ave., Woonsocket, RI, 02895
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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