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29-Year Established Florist Business for Sale, Complete with Full Business Handover

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Beautifully Presented Florist Business Photo 1
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Beautifully Presented Florist BusinessBeautifully Presented Florist BusinessBeautifully Presented Florist BusinessBeautifully Presented Florist Business
  • Status

    FOR SALE

  • Date Submitted:

    22/11/19

  • Advert ID

    252751

  • Reference

    B05685 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £37,995
  • Turnover: £64,600 (£1,242 Per week)
  • Net Profit: £4,866 (8% Profit margin)

Business Details

Beautifully Presented Florist Business

Business
Hilton Smythe is delighted to present to the market a beautifully presented florist business with over 29 years of goodwill. Our client is now selling the business due to retirement.

The much-loved business will come with a full business handover to ensure the smooth transition from the existing owner to someone new.

The business is split between walk-in trade, regulars, deliveries and business accounts. Our client offers flowers for all occasions from weddings, anniversaries, mothers’ days, valentines, births and funerals with acclaim for her funeral arrangements.

Our client offers a full range of fresh flowers, seasonal plants, small birthday gifts, gift cards, balloons and planters.

Some of the key business accounts include several nursing homes and a BMW garage who all make order payments via bacs on a monthly basis.

Our client advises the business is split:

  • 30% walk-in customers.
  • 20% from ‘E Florist’ orders.
  • 40% from own website orders.
  • 10% from contract customers.
We believe there is further potential to develop the orders via the florist’s own website as well as increase the presence on social media.

The business recently featured in an article to celebrate the longevity and success of over 30 years, this was also published on various other advertising platforms.

Our client admits the business is now run to suit and any new owner would benefit from extending the hours as well increase advertising.



Location
The business is located in West Sussex.

The business sits centrally in a busy parade of local community shops.

The business benefits from free customer parking directly outside.



Premises
Main shop -

  • Window display area
  • Left hand fresh flowers stand
  • Right hand flower wrap stand, display shelving unit
  • Central service counter and under counter storage, till and card machine
  • Flower prep area and storage area
  • Rear prep room with sink and staff toilet
  • Access to rear parking area
Premises are circa 31sqm.



Tenure
We are advised the business is being sold as a Leasehold with 3 years remaining on a 5-year renewable lease (which could be extended if required) paying just £6,240 per year. The business benefits from full small business relief of the business rates paying 0 rates in the current year.



Hours
MONDAY, TUESDAY, THURSDAY, FRIDAY - 9am to 5pm

WEDNESDAY & SATURDAY - 9am to 1pm

SUNDAY - Closed



Staff
The business is run and managed by our client with the help of 2 x part time members of staff.



Financial Profile
As of the 2021 accounts the business generated a turnover of £66,178 with an adjusted net profit of £14,575.



Read more

Contact Agent

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Beautifully Presented Florist Business - B05685 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.