For sale £60,000 - General Retail
City Business Brokers are pleased to bring to the market this busy town centre florist. There has been a florist on this prime site for more than 40 years, sadly with a change in circumstance it’s time to pass this business on to new ownership.
With weekly trade varying between and £ 2-4K depending on seasonality this business turns over ca £ 150K pa with gross margins around 70% and low overheads the business makes a good return. Normal trade is supplemented by the seasonal boost of Valentines, Mothers Day Easter, and other special occasions, this business with its interflora service, and prime location would be an ideal opportunity for a florist looking to take on a substantial concern.
The current owner works full time in the business together with a part time employee and the support of contract labour to help at peak times. They offer a full delivery service through the use of contracted drivers. The business services Weddings and Funerals together with some corporate clients, though the bulk of business comes from passing footfall from the excellent location and repeat business from existing clients.
A new 10 year lease will be available by agreement from the landlords for the prospective purchaser, current rent is £1375 pm with the premises benefiting from full rate relief.
The business would suit an experienced florist or someone with the desire & capability to learn on the job. (The current owner would be willing to discuss a transition period). With the supply chain in place and plenty of opportunity to do additional marketing this business has the potential to repay an investment many times over
The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, firstname.lastname@example.org
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
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