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SOLD OR WITHDRAWN FROM THE MARKET
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Established Florist & Flower Shop located in a prime position in popular market town of Bridgnorth

Bridgnorth, Shropshire
Leasehold Price:
£15,000
Find more details, or book a viewing:
Status
SOLD / WITHDRAWN
Advert ID
212068

Details

  • Established Business trading as a Florist / Flower Shop from the same premises for over 15 years
  • Large shop front display window
  • Large Self contained Fully fitted shop out ideally suited to this trade, advantage of cool storage basement
  • Centrally situated on the main one-way street between customer parking and The Main High Street
  • Adjacent to other retailers
  • Benefits from Small Business rates relief
  • Designated Parking Space to rear of the shop for Delivery Car
  • Loading Area opposite
  • Pavement area to front of shop to display fresh flowers & Plants
  • 32.4 m2 Retail Area / 12.6m2 Prep Area /10.6m2 Storage & Kitchen / 55.3m2 Storage Basement
  • Separate Office & Toilet
  • Full audited trading accounts available on request
  • Professional e-commerce fully functioning website / Facebook page
  • Well know local telephone number

History & Trade relationships

Bridgnorth Flower Shop is a well established business that has been trading from the premises for over 15 years, the shop is well known and used by the local growing community and benefits from the influx of tourists that visit the Market town on the regular Friday & Saturday Markets. The town holds a number of High Street Events through out the year that brings in high levels of Tourism of which the shop greatly benefits from. The business services a large customer base, consisting of walk in trade, phone deliveries, web orders along with Wedding and Funeral trade. Over the years there has been trade relationships developed with local Funeral Directors, Estate Agents and Car Garages of who regularly place orders to satisfy their customers. The shop has always prided itself on a high level of quality and customer service and therefore has an excellent reputation.

Trading Figures - Accounts provided by written request

28th February 2018 Accounts will be available by the end of March 2018

28th February 2017 - TO - 125.5K / GP - 53K / NPBWD - 26K

28th February 2016 - TO - 122K / GP - 53K / NPBWD - 27K

28th February 2015 - TO - 169K / GP - 60K / NPBWD - 25K (TO - Increase is due to Interflora sales and there was an addition member of full time staff) 

* TO - Turnover

** GP - Gross Profit

***NPBWD - Net Profit before wages and drawings and depreciation

 Opportunities

There is opportunity to re-establish and expand an national e-florist service as there is currently no other providers in the local area and few others offer a delivery service. The shop has not attended wedding fayres or pushed the wedding market so there is great opportunity for the incoming buyer to exploit this market, the shop has great flower storage facilities and can accommodate larger orders and events.

The Shop has a delivery vehicle which can be purchased by separate negotiation if required.

Reason for Sale

The current business owner is approaching 80, and a key member of staff has unexpectedly had to give notice. This gives an ideal opportunity for someone with the skill and experience to obtain a ready made and set up trading business. The owner is in a position to move quickly and the incoming buyer could take advantage of the up and coming Mothers Day which historically brings in an event turnover of circa 7-8k over a few days.

Priced fairly to sell quickly

Staff

Currently the shop is run by two full time employed staff, a self employed owner could manage with a part time shop assistant and delivery driver as required. Please note that Valentine's, Mothers Day, Easter, Summer / Wedding Season and Christmas are particularly busy periods and will benefit of staff cover.

There will be no obligation to retain any current staff but there might be the opportunity to retain staff should the buyer wish. This would be done by separate negotiation with individuals and will not form part of the sale.

Rent / Lease details

The building is available on a competitive rent considering size and location of shop, on a internal repair and Insuring lease. The premises is currently on a 12 month rolling lease, but the landlord would be willing to resign a 3 year lease with a new incoming owner. £1200pcm

All Fixtures & Fittings to be included in Sale along with consumables, silk flowers and fresh flowers.

Detail list can be provided on request.

 

 

 

 

Listing Details
Leasehold Price: £15,000
Tenure: Leasehold
Sector: Florists, Retail
Financials
Annual Turnover: £125,000
Annual Net Profit: £26,000
Key Features
  • Town Centre location
  • Small Business
  • Price Reduced
  • Offers Invited
  • Attractive Business
  • Fully Fitted
  • Prime Location
  • Close to Local Amenities
  • Adjacent to Multiple Retailers
  • Accounts Available
  • Retirement Sale
  • Established Business
Particulars / More Information
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