Business for sale

Business description

Advent Business Sales is pleased to have been instructed to offer to the market this very well established and profitable florist.

The business, which was founded in 1999 has been in the hands of our client since 2002 and is only now being reluctantly offered for sale as she is planning to emigrate.

The florist occupy an extensive ground floor lock up premises of an affluent village in Derbyshire.

They supply bespoke flowers and arrangements as well as a very wide selection of plants and also sells:

- Chocolates & helium ballons
- Gifts & Soft toys
- Silk flowers
- Cards
- Ceramic vases
- Champagne

The business also accepts local, national and international orders using the Interflora scheme.

Our client offers a personal touch and believes that a fresh quality product is imperative in a demanding market.

Annual sales are approximately £102,000 with an excellent 57% gross profit and net profits of approximately £20,000.

We are advised that stock at cost is in the region of £2,000. There is also a Nissan Kubistar van available separately which is a 53 plate.

General Information

Employees:Our vendor works full time in the shop and employs a part time florist for 30 hours per week as well as a part time driver who does approximately 10 hours.
Trading hours:Mon – Fri: 9am – 5.30pm, Sat: 9am – 3pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: 10 years Remaining lease: 8 years Review every: 3 years Rent: £15,000 We are advised that the annual business rates are currently: £2690
Living accomodation:A large ground floor lock up premises with the added bonus of a good sized one bedroom first floor apartment with independent side access. As our client is located on the end of the shopping parade, she is able to take advantage and have a large pavement display which is highly visible to the high volumes of passing traffic. Ground Floor - Very attractive window display with a side entry door into the main sales area - Centre table display - 2 side counters with till with fresh flowers displayed around - Through to large prep area with combined fridge/freezer and microwave - Good sized rear office - Side kitchen and w/c - Very large rear stores or additional prep area with rear access - Parking at the side for 1 vehicle. - Side access to first floor apartment, which includes: 1 large double bedroom, fully fitted kitchen, bathroom with shower over, large lounge. The apartment has attractive laminated flooring throughout. 1 space is allocated at the side of the shop for parking. The apartment is currently let for £90.00 per week exclusive. Should a purchaser wish to live in the apartment, 2 months notice would have to be given to the tenant.
Location:The florists is ideally located on a small shopping parade of an affluent village in Derbyshire. It is surrounded by other complimentary businesses which include a convenience store, chippie, hair salon, chemist and DIY shop.

The area itself is very busy with high volumes of passing traffic as well as good footfall. There is free of charge off street parking along the parade and in the nearby side roads. The shop also benefits from a parking area for its van directly at the side of the premises.

Expansion potential:Whilst already a successful florists, our client believes there is still excellent scope to increase sales and profits further by: 1. Attending local wedding fayres and advertising more 2. Approaching nearly potential corporate businesses 3. Utilising the huge premises and devoting part of the shop to a green grocery business 4. As our client has an alcohol licence to provide the sale of wines, beers and spirits
Financing available:Please let us know if you require finance for the purchase of a business.