Business for sale

Business description

HIGHLIGHTS:

Busy Flowergram Florist
Hampshire City suburb
Corner location on main through road
Established 15 years
Consistent T/o of around £165,000
Sign Written van included

Comments
BUSINESS:
Established 15 years ago by the vendors, the business has good passing trade and loyal repeat customers. With links to various funeral directors and national companies, together with some contract work with a restaurant, the business also benefits from being close to local schools, the hospital, various nursing homes and factories. A number of weddings are also covered. There is also the option/possibility of taking on Sunday work supplying cruise liners in the port.

The business stocks balloons, silk flowers, bears and cards and can supply fruit and chocolates by arrangement.

LOCATION:
It is well located on a main through road in a busy suburb.

LEASE:
Leasehold, with a rent of £7,160. Currently on a 21 year lease which commenced in 1990, reviewed every three years and with the next review due in 2008. The vendors have informed us that the lease is renewable; we also understand that the landlord will consider issuing a new lease to the purchaser, subject to the usual checks

ESTABLISHED:
15 years

EMPLOYEES:
Each of the two vendors works approximately three days a week. They are assisted by one full time and one part time florist. There are also two part time drivers, one of whom is also a general help.

TRADING HOURS:
Monday - Friday 9.00am – 5.00pm / Saturday 9.00am – 2.00pm

SALES REVENUE:
Turnover for the year ending February 2005 was £163,369 with gross profits of 46%. The previous two years were very similar, confirming the stability of the business.

OPPORTUNITIES:
A well established and busy florist shop in a very good trading location. Opportunities exist to expand the business, which benefits from being a member of the Flowergram relay organisation.

SUPPORT & TRAINING:
If required appropriate training will be provided by the vendors after Exchange of Contracts has taken place.

FINANCE:
Finance can be arranged for the purchase of this business. Contact Adams & Co for further details.

FULL PARTICULARS:
Please telephone or Email for full particulars.

Thank you for your interest in this business opportunity.

Accommodation
No Accommodation Associated With This Business