Longstanding Warwickshire Florist for Sale - Loyal Clientele, Owner Retiring
Southam, Warwickshire
- Status
UNDER OFFER
- Date Submitted:
05/06/23
- Advert ID
514347
- Reference
B07366 / Rightbiz
- Call Agent:
- Leasehold: £54,995
- Turnover: £187,427 (£3,604 Per week)
- Net Profit: £38,991 (21% Profit margin)
Business Details
Extremely well established florist for sale
BusinessPlease quote reference B07366
Hilton Smythe are delighted to welcome to the market Jacqueline The Florist, a highly rated and well respected Florist business in Southam.
The business was first established over 60 years ago, with our client taking over in 2010. They've built up an excellent reputation and loyal client base over that time. As seen by the online ratings and reviews, the business is extremely popular within the local area.
Jacqueline The Florist has now come to the open market due to our clients desire to retire.
Jacqueline The Florist caters for a variety of floral occasions:
- Weddings - Individually designed to your own requirements.
- Funeral tributes sympathetically handled and created with care.
- A wide range of gift bouquets, arrangements, hand tied aqua packs.
- Additional items to compliment your order include a large selection of vases and planters as well as glassware, silk flowers, handmade Belgian chocolates, greeting cards.
Key selling points -
- Established for over 60 years in a busy market town
- Recently refurbished shop space
- Only flower shop in town with two funeral directors and wedding venue
- Free on street parking in town centre
- Very loyal customer base
- Business web site
- Extend current opening hours (open Sundays)
- Wedding work
- Social media presence
Location
Jacqueline The Florist is located on Market Hill in Southam.
The business occupies a highly desirable trading location, receiving high levels of footfall and passing trade.
Premises
Ground floor Unit -
- Recently refurbished shop unit
- Spacious work room, store room/kitchen area and rear access to yard conditioned shop with cctv in shop and rear yard area
Tenure
We are advised that the business is being sold on a Leasehold basis. We are advised as our client owns the freehold, a mutually accepted lease is to be negotiated with the new buyer. The rent is £13,000 per annum.
Hours
The current trading hours are -
Monday to Friday – 9:00am - 5:30pm
Saturday – 9:00am – 5:00pm
Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with the help of 3 part-time members of staff.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £180,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
Be safe, use a Rightbiz Solicitor
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