How Much A Flower Shop Owner Makes

Owning a flower shop can be stressful because there are many things to keep track of, most importantly flower care. Having said that, it can actually bring you a great experience and a considerable sum of money.

The Average Earnings of a Flower Shop 

The Average Earnings of a Flower Shop

The majority of flower shop owners usually make $200,000 or even less per year. That said, according to the Society of American Florists, floral shop operators can generate up to $362,318 annually. This may either increase or decrease depending on how well the owner operates the business. For instance, if the owner adequately advertises the shop, then better earnings may be expected.

Aside from that, some factors have an impact on the final earnings of the flower shop. For one, the location of the shop, as there are areas where flower shops usually earn more money, notably due to better foot traffic and demand, such as in California and New York. Other factors include the scale of the business, the competition, and so on.

Flowers that Bring More Earnings for Flower Shop Owners

Another factor that significantly impacts the overall earnings of a flower shop owner is its floral products and services. Basically, the more products and services the shop offers, the better the earnings will be. One thing to look out for is the type of flowers that you’ll offer. Below are some of the flowers that usually sell well:

Roses 

As you may have already expected, roses sell well, even more so on Valentine’s Day. Statistics reveal that the global value of roses reached $10.8 billion back in 2021, and it’s still expected to grow at a rate of 6.4% up to 2030. This is why having a  steady stock of roses in your shop will most likely increase your overall earnings as a flower shop owner.

Tulips

Tulips also bring great money to flower shops. They are usually sold during spring, given that they are the classic symbol of such a season, but they became more available year-round thanks to innovation in global resourcing. They’re also ideal to be sold during Valentine’s Day, simply because tulips are classic flowers that symbolize perfect and deep love, making them perfect for gift-giving during the day of hearts.

Lilies

Another type of flower that can promise great sales is lilies. These blooms are one of the most recognizable and classic flowers on the market, thanks to their year-round availability. They usually peak from early summer through the fall, so keep that in mind if you want to sell more beautiful and fragrant lilies. It’s also ideal to have them in your shop during Thanksgiving since they look really great as centerpieces.

Carnations

Carnations

Carnations also sell decently. According to market insight, the global market value of carnations reached $2698.22 million in 2022 and it is projected to increase to $3783.92 million in the following five years. So, it would be ideal to offer them in your shop, especially during National Carnation Day, which is celebrated yearly, every January 29.

Orchids

Orchids

Last but not least are orchids, which are one of, if not the most popular, house flowers and plants. They are low-maintenance, really beautiful, and have distinctive or exotic styles, making them lucrative. I highly recommend stocking up on orchids for Mother’s Day, as they are ideal flowers to buy as gifts for moms.

Conclusion 

To sum it all up, flower shop owners can earn between $200,000 and $362,318 every year. Keep in mind, though, that the overall flower shop earnings may be higher or lower, mainly depending on how the owner operates, the store’s location, services, and the types of flowers the shop offers. Some of the flower types that can bring good income for flower shops include 1) roses; 2) tulips; 3) lilies; 4) carnations; and 5) orchids. Sure, there are other lucrative flowers, but these alone can help boost your flower shop’s earnings.

To learn more on how to start your own flower shop business check out my startup documents here.

Please note that the contents of this blog are for informational and entertainment purposes only and should not be construed as legal advice. Any action taken based on the information provided in this blog is solely at your own risk. Additionally, all images used in this blog are generated under the CC0 license of Creative Commons, which means they are free to use for any purpose without attribution.