Interflora Florist In Central Hampshire | | Basingstoke Hampshire | | INTERFLORA FLORIST IN CENTRAL HAMPSHIRE SPACIOUS, TOWN CENTRE PREMISES 4 YEARS REMAIN ON RENEWABLE LEASE SUBSTANTIAL BUSINESS – TURNOVER £430,000 GROSS PROFITS IN EXCESS OF £230,000 STOCK IMPORTED DIRECT FROM HOLLAND BUSINESS ESTABLISHED IN 1972 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 41406
ADVERT IMPRESSIONS : 16,262 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Florists | | SALE: | Agent Sale | LEASEHOLD: | £134,950 | ANNUAL RENT: | £34000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION:
The premises occupy a prime trading position in the centre of this affluent mid-Hampshire market town. The town itself is located close to the M3 with easy access to Newbury, Reading, Farnborough and Winchester.
BUSINESS:
The business was founded in 1972 and continues to flourish. A leader in floral design, this business was among the first to introduce the very popular hand-tied bouquet. After 25 years of successful trading, a Dutch flower wholesaler took over the business in 1999 having previously supplied top flower shops in and around London. Ideally located in a central Hampshire market town the business imports fresh flowers direct from the Dutch auction houses. Direct importation means no middleman, so customers benefit from exceptional value for money yet the business is able to maintain profitability. The Vendor’s extensive knowledge, gained over 15 years as a flower buyer at Dutch flower auctions, combined with top floristry techniques and with shipments direct from Holland, flowers are guaranteed to be fresh. A same-day or next-day delivery service is offered within a 10 mile radius of the shop. A boast of the business is that, flowers can be delivered to customers direct from Dutch auctions within 24 hours.
BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The premises offer a total of 1,000 sq ft (93.3 sq m) of retail and preparation area with a kitchen/office measuring 73 sq ft (6.8 sq m) and 324 sq ft (30.2 sq m) of basement storage. There are also staff WC facilities.
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.
TENURE:
The premises are secured on a renewable, fully repairing and insuring 15 year lease which commenced on 27 April 1999 at a current annual rent of £34,000. There are 3-yearly rent reviews with the next review due in 2011.
RATES:
The rateable value of the business premises is £26,250, with estimated rates of £12,060.56 payable in 2010/11.
TRADE:
Accounts and VAT returns examined by Adams & Co show turnover for the year ended 30 April 2009 reached £459,265 (£491,715 for 2008) with gross profits of £248,822 (54%) for the year. Shop sales account for approx £280,000; Interflora £110,000; Web site £25,000 and growing; Market stall £20,000. | | | | | | FOR SALE | | | | | REFERENCE: | HW1364 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
