Sell My Business Online

Business Details

Brief Description

Situated in a busy parade of shops, on a main road location, the premises comprise of a large forecourt area with work room, wc/store room, and basement storage in addition to the main retail space. There is plenty of free parking outside the shop with strong public transport links in the immediate vicinity.

The business was established and grown by the current owner over the past 6 years during which time the owner has invested circa £15k in fixtures, fittings, props and retail displays, all of which are included in the price along with a sign written van and a recently redesigned website. This means that any new owner would not need to invest in the short term.

Having built up a strong local brand in the past few years the business enjoys a loyal and varied customer base in addition to strong footfall due to its location generating strong sales of flowers and plants but also gifts (circa £30k). The shop is also a relay service member offering nationwide and international delivery.

In addition, the business has an enviable reputation for wedding and event flowers, with yearly numbers equating to circa one per week.
The business has strong relationships with local funeral directors as well as flower, plant and sundry suppliers.

LEASE TERMS;

10 year lease with 4 years remaining.
Rent = £11,700 pa
Rates = £1,172 pa

SALE PRICE;

£44,950 + stock at valuation

Potential Opportunity

The vendor considers there to be opportunities to grow the business primarily with respect to the local business contract market which the current owner has not targeted. In addition, the owner has had success with small scale evening classes and considers there to be significant scope to extend this. The area is also popular for Sunday trading, which the current owner hasn’t considered.

Reason for Sale

Vendor started business from scratch and has enjoyed developing into a sustainable and profitable business but now wishes to re-locate elsewhere in the UK

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