Well Positioned Leasehold Florist Leamington Spa | | Leamington Spa Warwickshire | | Phoenix Business Transfer Agents are delighted to place onto the market this well known florist which has been established since 2004 by the present owner. She now wishes to sell due to ill health. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 31131
ADVERT IMPRESSIONS : 14,030 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Florists | | SALE: | Agent Sale | LEASEHOLD: | £29995 | ANNUAL RENT: | £3600 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This superb business opportunity is situated in the town of Leamington Spa in the County of Warwickshire .It is on a main arterial road and enjoys much traffic flow and there is a good foot flow of pedestrians. The florist forms part of a local shopping centre and has many complimentary businesses. . There is a densely populated residential area surrounding the property and it is within a commercially thriving part of the area. There is ample free parking outside the shop. The town centre is 2 miles away.
The area attracts many shoppers who use the area on a daily basis.
The location is well linked with the M40 Motorway and the railway station. The business has clientele from a 6 mile radius. The locale offers a good lifestyle opportunity.
Business Details
The particular highlights of the business are:
A well established business.
Good loyal clientele.
Fully equipped business with favorable lease terms (see below).
Turnover in excess of £70,000 with a net profit of £25,000. (See financial summary below). This is very impressive considering the credit crunch.
A business with great potential which has not been exploited because the owner suffers from ill health.
An easily run operation.
Good loyal well trained staff.
A good first time buyers business.
Phoenix Business Transfer Agents are delighted to place onto the market this well known florist which has been established since 2004 by the present owner. She now wishes to sell due to ill health.
This very good business opportunity provides a high quality florist service for wedding, funerals and every day events. The business has a Flowers Direct agency. The business also stocks cards and gifts.
The concern employs one part time florist who works 20 hours and is paid £6.50 per hour. There is also casual staff available when required.
The owners role is very hands on and she works full time in the business.
The owner markets the business in the local newspapers and in appropriated local trade magazines. She has a website linked through Flowers Direct.
As far as competition is concerned there is one other florist which is 2 miles away and others in the town centre.
The client base consists of local residents in the main.
The concern has huge potential. In particular the turnover and profits can be increased by:
Increasing the marketing activity with direct mailings and local and internet advertising.
Increasing the product line to include a larger selection of other gifts.
Becoming more efficient with staffing levels
Working more hands on hours and saving on wages.
With the introduction of a website and e-commerce.
The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The property is terraced and is part of a parade of shops and is approximately 30 ft x 30 ft. The front is branded with an attractive glass front. The main customer service area is tiled with a middle aisle and shelving and racking to the walls. It is very well presented and is very conveniently laid out.
To the rear are a store room and a preparation area as well as a toilet.
Equipment with sale
All fixtures and fittings and equipment are included in the sale price and are valued at £4,000
Financial Details
The turnover for 2008 was £70,000 with a gross profit of 50% and a net profit of £25,000. The wages are £200 per week. The present value of the stock is £3,000 and the fixtures fittings and equipment are worth £4,000.
The potential turnover of the business within the next 2 years is forecast to reach £90,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Trading Hours
The business operates from Monday to Friday between 9 am and 5 pm. On Saturdays the hours are 9am to noon.
Tenure
The original length of the lease was 5 years with 3 months remaining. The rent is £3,600 and the rates are £500.
Viewings
The owners are available for viewings at any time in the afternoons.
Price: £29,995
Ref: 1336 | | | | | | FOR SALE | | | | | REFERENCE: | 1336 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
