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WE ARE INFORMED the annual turnover is currently £300,000 with a gross margin of approx. 55%. In our opinion there is further opportunity to increase turnover and improve margins.
Price
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
This profitable FLORISTS occupies an excellent main street corner position with double aspect window and a large front forecourt for display purposes.
The Shop has been trading for 17 years and has an excellent reputation and strong brand awareness.
Large spacious work areas with back office, kitchen and large cloakroom including w.c. and wash hand basin.
5 large storage areas to the rear of the shop including a large walk-in coldroom.
The total ground floor area including forecourt, shop, office, kitchen, bathroom back garden, storage sheds and cold room is 3,200 sq. ft.
Staff
The business is at present operated by the vendor part time with the assistance of 3 full time staff, 1 part time driver and 2 additional Saturday staff. Wages paid are in the region of £800 p.w. but this cold be redued with a new vendor taking a more full time role.
Opening
Hours
Currently the shop operates Monday - Saturday inclusive - 8.30 a.m. - 5.30 p.m.
At present no Sunday trading but this is an avenue that could be explored for future growth.
Outside
Large forecourt at the front of the shop for flower and plant displays and large back garden including 5 storage sheds and a large refrigeration unit.
Tenure
We understand the premises are held on a secure renewable lease having approximately 7 years unexpired at a rental of only £12,000 p.a. exclusive of rates for the next 2 years, with rent to be agreed thereafter.
Uniform Business Rates: £5,000 p.a. approx. + water rates
