Award Winning Interflora Florist With Strong Wedding Trade | | Undisclosed Bedfordshire | | AWARD WINNING INTERFLORA FLORIST WITH STRONG WEDDING TRADE Highly visible corner trading position opposite busy parade Well est, with loyal & well qualified staff Over 120 annual commissions for weddings A/T: £278,000 GP: 49% Excellent scope to expand further F/H: £345,000 OR L/H £95,000 +SAV REF: 1064MK | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64106
ADVERT IMPRESSIONS : 11,866 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Florists | | SALE: | Agent Sale | FREEHOLD: | £345000 | LEASEHOLD: | £95000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Highly visible and prominent corner trading position
Un-restricted street parking in the immediate vicinity
Located in an area of mixed commercial/residential area and close to centre of town
Opposite busy parade of shops including supermarket chain
HISTORY
Established by vendor in 1977 as independent florist with emphasis on excellent customer service
Customer base has grown considerably over the years with high repeat rate
Freehold acquired in 1984
Considerable care taken to recruit and train staff to the highest standards
A number of successful competition entries and awards
Interflora agency established
Superb fully functioning websites established
REASON FOR SALE
Retirement
PRODUCTS
Very full range of floral work
o Weddings
o Mothers Day
o Funerals
o Baby
o Romance
o Christmas
o Special occasions and events
o Corporate designs
o Interior landscaping
Modern, traditional and leading edge designs
Giftware
Cards
Champagne, chocolates and wine
SERVICES
Deliveries undertaken locally or nationally/internationally via Interflora
Specialist consultations offered particularly for bridal work
Contract work undertaken for corporate clients
Source of advice and guidance to customers
CUSTOMERS
Substantial database of repeat personal customers
Many referrals received for wedding work with 120 weddings undertaken annually in Bedfordshire and adjoining counties
Prestigious corporate clients
Referrals from local funeral directors
Internet based customers
SUPPLIERS
Flowers sourced from national and international trade suppliers, including one in Spalding and also Holland
Wholesalers
Sundries supplied through a number of trade sources
STAFF
Vendors (husband and wife)
6 qualified florists (4 full time and 2 part time)
2 part time sales assistants
4 part time drivers
Vendor would be happy to assist with a handover if required
TRADING HOURS
Monday to Friday 7am to 5pm
Saturday 8am to 4pm
Sunday closed
FINANCIALS
Turnover
2009 £277,693
2008 £274,034
2007 £337,476
2006 £297,711
Gross profit margin has averaged 49% over the last 4 years
Good level of net profit
Stock holding in the region £8,000
OVERHEADS
Staff £86,812 pa
Rates £2,868 pa
Heat and light £1,914
PREMISES AND EQUIPMENT
A large extended freehold shop with yard on 2 storeys with retail area, preparation and storage facilities, and office space
Large double fronted window display
External pavement display
Light and airy retail area with quality racking, shelving and mirrors appropriate to trade
Various preparation areas and work rooms
WC
Yard with cold room
Office
Wedding consultation room
Kitchen
Store
6 parking spaces (rented at £150 per month)
1 sign-written Renault Kangoo delivery van
STRENGTHS
Very well established in the town
Very strong wedding trade with many forward bookings for a new buyer
Loyal repeat customer base arising from recognised service ethic
Prestigious local contracts
Extended shop with ample space and double frontage
Loyal &Highly qualified staff
Solid financial performance
2 excellent fully functioning websites
Parking
Established Interflora agency
SCOPE
Potential for additional contract work
Focus on margins
Extension of geographic limits on wedding work
Introduction of additional items for retail sale
Business development activity including
o Loyalty schemes
o Facebook
o E mail reminder service for anniversary dates
Sunday opening
TENURE
Freehold or leasehold
The vendors would be happy to grant a lease, if required, with terms to suit
Rental figure would be £1,250 per month
Rates £2,868 per annum
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1064MK / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
