Ridge Hill Partners is pleased to announce the sale of Brattle Square Florist, a 97 year old flower shop and landmark retailer in Harvard Square. Brattle Square Florist boasts perhaps the highest sales per square foot of any flower retailer in America. The pending retirement of the 2nd generation owner created an opportunity for new stewardship.
One of the most beautiful stores in Harvard Square, on a cold winter day Brattle Square Florist is a sort of oasis. Yet, on warm sunny days, the storefront opens out and the merchandise beautifies the entire block. Brattle Square Florist and its General Manager, Stephen Zedros, were mentioned by Cambridge author Vanessa Diffenbaugh in her 2011 bestseller The Language of Flowers.
Somerville resident Randy Ricker, who has shopped at Brattle Square Florist for many years, took ownership of the store on January 1st. Mr. Ricker has pledged not to lose the store's unique look and feel while simultaneously modernizing operations and expanding the reach of BSF's expert advice regarding flowers and live plants.
Ridge Hill Partners advised the Owner, Ted Gomatos, on valuing Brattle Square Florist, analyzing the market, approaching buyers, negotiating the transaction price and terms as well as managing due diligence and completing the transaction.
We hope you will find your way to Harvard Square and stop in at 31 Brattle Street to congratulate Mr. Ricker on his purchase. Or call the store at (617) 876-9839 and order up an arrangement for delivery. You won't be sorry!For other Hot News, click here
Buying or selling a business takes creativity, perseverance and attention to detail. An experienced team covers all the bases.
Ridge Hill Partners, Inc. brings personal attention to support you with an 'A' quality team. Our Principals and our industry affiliates have years of experience helping business owners and investors of all sizes make good, informed decisions about positioning, valuing and marketing a business. We're with you every step of the way, through the closing process and beyond.
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