Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$20000 GBP United Kingdom Pounds
Business for Sale Industry:	Retail: Florists, Gifts, Cards
Reason for Selling:	personal circumstances
Year Established:	2005
# of Employees:	2 Part Time
Yearly Revenues:	$60,000

Business for Sale Overview:

Advent Business Sales are delighted to offer to the market this extremely well established florist. The business has been established for 40 years. Our client has had a very successful 3 years of ownership but has now decided to sell, due to personal circumstances to move abroad. The florist occupies an extensive ground floor area with two floors above as living quarters. The business accepts local, national and international orders using the tele florist scheme. The business also has firm local contracts with four alternative companies, an arm of the business which has promising potential to expand.

Property Features and Assets:

Tenure: Leasehold. Original lease: 21 years. Remaining lease: 6 years. Review every: 3 years. Rent: £645 per month. We are advised that the annual business rates are currently: £3,950 Per Annum. Our client is ideally located on a bustling through road ‘a stones throw’ from the busy market square of a very upmarket town in North Nottinghamshire. It is surrounded by complimentary shops and businesses, namely, dress and children’s wear shops, hairdressers and beauty salons, takeaway shops, restaurants, solicitors and estate agents. In addition it is very close to the local funeral parlor and consequently the most used florist for funeral tributes. The central location benefits from good levels of passing traffic as well as high footfalls to and from the town center. Car parking is good and the town also benefits from being close to the A1 arterial road as wells as good rail links.

Market Competition and Expansion:

Scope and potential lies with developing weddings, an untapped business with little local opposition, also increasing corporate work, approaching local hotels, increasing funeral work and by offering fresh fruit possibly in presentation baskets.

Additional Details:

• The property is leased.
• The owner may be willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This may become a homebased business opportunity.
• This may become a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.