Business for sale

Business description

Advent Business Sales are delighted to offer
to the market this extremely well established
and popular florist, pet products and fresh
fruit and vegetables retailer.
Established over 30 years ago and in the
proud hands of our client for over 18 years,
the business is only now being reluctantly
offered for sale as she wishes to retire.
The business has various income streams
with an extensive selection of fresh fruit and
vegetables, bespoke florists with wide
selections of plants and flowers and accepts
local, national and international orders
using the flowers direct scheme. There are
also Pet supplies principally for dogs, cats
and birds.
It also supplies seasonal products such as
calor gas, coal, logs and kindling and
Christmas trees.
The business receives £700 per month income
from the letting of a 2 bedroom (both
doubles) apartment which is above the shop.
We are advised that stock at cost is
approximately £6000.
The shop employs 5 full time staff including
our clients and achieves and outstanding
turnover of approximately £375,000 per
annum with a gross profit of 42%.
The business has recently introduced its own
internet site, where customers are able to
order on line. Although in its infancy, this is
currently growing at a good consistent rate.
REF: 8930OX
TRADING HOURS
Mon-Sat: 7.30am – 5.30pm
EXPANSION POTENTIAL
Our clients clearly have a progressive and
successful business, which they accept has
excellent future potential to increase the
turnover and profits further by:
1. having a larger organic selection with
most customers willing to pay extra
for a better product
2. offering a veg round with home
deliveries, which would prove a
godsend for the less able
3. advertising in the registry office
pamphlet, for the floristry side. This
is given free to all those having a
service.
4. Approaching the many local pubs and
restaurants to offer their own fruit
and veg
5. Approaching local funeral parlours to
ask that they recommend the florist
6. There are 600 extra families due to
move into the area within the next
few months which should increase
trade substantially
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £370,191
Gross Profit: £155,462
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
Ground floor lock up premises with back
yard area and briefly comprising of:
Ground Floor
• Large pavement sales area, outside
awning over the shop front
• Centre door opening into the main
sales area
• Flower displays to the left with the
pet supplies to the rear
• Large fruit and display on the right
• Rear prep room, walk in chiller, w/c
• Back yard with shed office, potato
store, gas and coal store
• Parking for van
First Floor
• Apartment with 2 double bedrooms
• Lounge
• Kitchen
• Bathroom
TENURE: Freehold
We are advised that the annual business
rates are currently: £4,500
VIEWINVIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our office.