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For the floral professional. . . . . . . . . Long-established (43+ years) and very active Florist and Gift Shop business in northern Rhode Island. The business is being offered as an outstanding turnkey opportunity for floral industry professionals seeking to establish or expand their floral business footprint in the northern part of Rhode Island and nearby Massachusetts. 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 current business suite is comprised of 2, 066 square feet of retail, work space and storage, and the offering includes all furniture, fixtures, equipment, 2 walk-in coolers, 2 delivery vehicles, and customary inventory to afford you a seamless acquisition. Owner seeking to retire, and prior to doing so, is willing to assist the new owner in a pre-agreed transition period. The business may be acquired as a business only opportunity at this time. Seller can potentially include the business real estate to the buyer of the business. (The real estate consists of an attractive and well-maintained 6-unit commercial income-producing property with easy highway access. )
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Insurance Division:
$97,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $78,000 | $78,000 | $78,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $972 | $972 | $972 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $493 | $512 | $653 |
Total Monthly Payment | $1,540 | $1,559 | $1,700 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.