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7076OX OXFORDSHIRE L/H£49,000 FLORAL SUNDRIES WHOLESALER

Asking Price: GBP 49000
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Business Location: United Kingdom » Oxfordshire » OXFORDSHIRE 
Category: Retail » Florists
Description:
Advent Business Sales have been
instructed to offer for sale this well
established business that has been
trading for almost 22 years, with the
current vendor in ownership for the last
12.
The owner is now offering a genuine
business due to a need to retire,
together with a database of
approximately 5000 clients of whom
1000 are currently active.
The business operates as a cash and
carry together with some deliveries for
which an additional charge is made. All
customers pay on receipt of goods.
Our client specialises in supplying high
street florists with floral sundries.
The vendor has extensive stock in the
region of £50,000 at cost and parking
facilities for 10 to 12 cars.
STAFF
The business employs 1 full time staff
member together with the vendor
TRADING HOURS
Mon – Wed: 9am – 5pm
Thurs: 9am – 7pm
Fri: 9am – 5pm
Sat: closed
Sun: occasionally
EXPANSION POTENTIAL
Due to our clients imminent retirement
he has not expanded the business. He
informs us that potential exists in the
following areas:
? Van sales and deliveries
? Providing credit card facilities
? Mail shot to all 5000 clients
? Developing a web site and
internet marketing.
FINANCIAL INFORMATION
We have been advised by the vendor of
the following:
July 2005 accounts: £99,185 (ex
VAT)
Gross Profit: £37,431
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
The vendor works from a warehouse
style premises with extensive racking
and shelving and informs us that the
area is approximately 5,000 sq ft.
Ground Floor
? Storage area
? Offices
? W/c
This is a serious and genuine opportunity
and must be viewed in order to avoid
disappointment.
TENURE: Leasehold
Current Lease: 10 years
Lease Remaining: 3 years
Review every: 5 years
Annual Rent: £16,500
We are advised that the annual business
rates are currently: £6,800
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1996
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 1FT
No of trading hours: Mon – Wed: 9am – 5pm
Reasons for selling:
 The owner is now offering a genuine business due to a need to retire,
Market competition and expansion:
 Due to our clients imminent retirement he has not expanded the business. He informs us that potential exists in the following areas: ? Van sales and deliveries ? Providing credit card facilities ? Mail shot to all 5000 clients ? Developing a web site and internet marketing.
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