Online Floristry Accessories Retailer, Can be Managed by One Person, Relocatable

Undisclosed

Status

FOR SALE

Date Submitted:

17/03/21

Advert ID

273965

Reference

SMSB/FLSUPP / Rightbiz
Leasehold: £80,000
Annual Turnover: £377,000
Annual Net Profit: £31,000

Founded about 15 years ago, initially as an opportunity to purchase stock at wholesale price for the vendor’s existing flower shop, the business has grown significantly year over year.

The business currently operates from a 2 storey premises in Hampshire and while the business administration is currently predominantly manged from the vendor’s flower shop, the 2nd floor of the premises could easily be converted into office space from which to run the business. Alternatively the business is easily relocated.

The online business has outgrown the wants and needs of the vendor, who now wishes to simplify life by concentrating solely on the flower shop and hence it is being marketed for sale.

Sales for the year ended December 2020 were c £377,000 generating profits before owner drawings of c £31,000. The guide price for assets and goodwill is £80,000 plus stock at value, expected to between £15,000 and £20,000.

The vendor is flexible over handover and will support reasonable requests.

The business is being marketed by www.SellMySmallBusiness.co.uk. Please do not attempt to contact the vendor directly.

Key Features
  • Established Business
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Agent Name:
Advert Reference:
SMSB/FLSUPP / Rightbiz
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