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8980WS STAFFORSHIRE LEASEHOLD FLORIST £39,950

Asking Price: GBP 39950
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Business Location: United Kingdom » Staffordshire » STAFFORSHIRE 
Category: Retail » Florists
Description:
Advent Business Sales are delighted to offer
for sale this well established and highly
popular floral/artistry business.
The business was established in 1994 and
subsequently owned by the current vendors
since 2004.
The business is reluctantly offered for sale
due to the vendors other growing business
commitments.
The florist occupies an extensive ground
floor premise, which is two interconnected
retail premises.
Our clients offer a wide variety of services
including:
• Floral bouquets
• Stem flowers
• Plants
• Glass ware and ceramic vases
• Party accessories
• Wedding stationery
• Extensive range of wedding gifts
The business also accepts local, national and
international orders using the Teleflorist
scheme.
Our client has amassed an excellent
reputation through excellent customer
service, which subsequently has led to award
recognition.
The business is staffed by a husband and
wife team and has assistance from family
members when needed.
Our client offers a bespoke wedding
planning package, which includes table
arrangements and settings as well as
invitation cards.
Advertising has generated a generous
amount of business, especially through the
Yellow Pages and the Thompson Local
Directory.
Delivery is generally up to a 10 mile radius,
which covers a vast area.
REF: 8980WS
TRADING HOURS
Mon-Sat: 9am – 5pm
EXPANSION POTENTIAL
Whilst already a successful business, our
clients believe there is great potential to
increase profits and turnover further by:
1. Increased advertising
2. Approach corporate businesses
3. Increase and introduce further
seasonal gift lines
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £140,000
Gross Profit: 54%
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
A double fronted ground floor retail premise
in a visible trading location comprising of:
Ground Floor
• Attractive frontage
• Door leading into main sales area
• Interconnecting area consisting of
gifts, stationery and wedding
stationery
• Main area with till, preparation
table and flower display area
• Further preparation area
• Kitchen and w/c t rear
First Floor
• Storage area
External
• Pavement to the front, which
displays plants and flowers
TENURE: Leasehold
Original lease: 6 years
Remaining lease: 6 years
Review every: 3 years
Rent: £17,100 P.A.
We are advised that the annual business
rates are currently: £3,500
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.
 
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Financial Information:  
Annual gross sales: (GBP) 140000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2004
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon-Sat: 9am – 5pm
Reasons for selling:
The business is reluctantly offered for sale due to the vendors other growing business commitments.
Market competition and expansion:
Whilst already a successful business, our clients believe there is great potential to increase profits and turnover further by: 1. Increased advertising 2. Approach corporate businesses 3. Increase and introduce further seasonal gift lines
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