Business for sale

Business description

Advent Business Sales are delighted to offer
to the market this extremely well established
florist.
The business has been established for 40
years. Our client has had a very successful 3
years of ownership but has now decided to
sell, due to personal circumstances to move
abroad.
The florist occupies an extensive ground
floor area with two floors above as living
quarters.
The business accepts local, national and
international orders using the tele florist
scheme.
The business also has firm local contracts
with four alternative companies, an arm of
the business which has promising potential
to expand.
The florist also offers:

Giftware

Handmade cards and candles

Exclusive dress wear jewellery
It is also registered by the local council to
sell fruit, another potential sales area,
particularly with people buying flowers to
take to the local nearby hospital.
We are advised that stocks levels at present
are approximately £700
The business is staffed by the owner on a
full time basis with two part time staff and
seasonal workers as required.
TRADING HOURS
Mon, Tues, Thurs, Fri: 8.30am – 5.30pm
Wed: 8.30am – 2.30pm
Sat: 8.30am – 1.00pm
EXPANSION POTENTIAL
Scope and potential lies with developing
weddings, an untapped business with little
local opposition, also increasing corporate
work, approaching local hotels, increasing
funeral work and by offering fresh fruit
possibly in presentation baskets.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £60,000
Gross Profit: 57%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
The shop is a single fronted building with
the door to the left leading to the main shop.
This leads through to a passage way with an
under stairs area and stairs leading to the
first floor.
At the end of the passage way is a very large
work room with sink and benches, leading to
a rear door and a further outside work room
and also a cold store.
A passage to the side of this leads to a rear
w/c and also a back yard area. Within the
back yard is a doorway on the right hand
leading to the side passage way connecting
the front roadway to the rear car park.
Occupying the first floor is a spacious lounge
and a rear room which has the potential of
being made into both bathroom and
sectioned off into a kitchenette.
On the second floor is a large double bedroom
and an ‘under the eaves’ storage space.
TENURE: Leasehold
Original lease: 21 years
Remaining lease: 6 years
Review every: 3 years
Rent: £645 per month
We are advised that the annual business
rates are currently: £3950 P.A.