Essex-based Top-rated Clothing, Homeware, Florist Businesses for Sale with Expansion Potential
Undisclosed, Essex
- Status
FOR SALE
- Date Submitted:
06/10/23
- Advert ID
600772
- Reference
B07552 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Turnover: £202,585 (£3,896 Per week)
- Net Profit: £17,243 (9% Profit margin)
Business Details
Highly rated clothing, homeware and florist business for sale
BusinessPlease quote reference B07552
CoGoGo are delighted to welcome to welcome to the market My Flair Lady & My Flair Lady Flowers, Gifts & Home, two highly rated clothing, home and florist business opportunities in Essex.
My Flair Lady was first established by our client in 2022 and My Flair Lady Flowers, Gifts & Home was established by our client in 2017. Both businesses have built up an excellent reputation and regular client base. As seen by the online ratings and reviews, they're extremely popular.
My Flair Lady & My Flair Lady Flowers, Gifts & Home has now come to the open market due to our clients desire to move away.
My Flair Lady is highly rated shop in Saffron Walden, Essex that offers a unique selection of gifts, homeware, fashion and accessories. The business stocks a wide range of products, allowing customers to purchase in store or online through their website.
My Flair Lady Flowers, Gifts & Home is a highly rated and well presented luxury florist and gift shop based in White Roding, Essex. Their passion for vast floral colours, heavenly scents and exquisite flowers has helped them gain a reputation for unique designs. They aim to offer high quality flowers both from Holland and locall and pride themselves on producing the best possible displays. Fresh cut flowers can either be bought in shop, by telephone, or via the business website. They also cater for Weddings, Funerals, Christenings, Anniversaries, Birthdays, and all other special occasions, offering deliver both locally and nationwide. Private appointments can be scheduled if you require privacy or time to make decisions.
Key selling points -
- Outstanding reputation
- Well established
- Excellent locations
- Hand over period offered
- Scope for expansion
- Turnkey business
- Increase advertising/marketing
- Expand the catchment area
Location
My Flair Lady is located on Market Hill, in the town centre of Saffron Walden, Essex.
My Flair Lady Flowers, Gifts & Home is located on Chelmsford Road, in White Roding, Essex.
Both shops have eye catching signage, receiving high levels of footfall and passing trade.
Premises
Both stores are extremely well presented with bespoke décor and lighting.
My Flair Lady (Saffron Walden) - Large windows/display space, large open plan service area, fitting rooms, storage room to the rear of the unit.
My Flair Lady Flowers, Gifts & Home (White Roding) - Open plan service area with ample display space, Storage room to the rear of the unit.
Tenure
We are advised that both businesses are being sold on a leasehold basis, with the Saffron Walden store currently on a 3 year lease. The rent is £3,000 per calander month.
The White Roding store is currently on a rolling lease agreement, with the rent at £1,200 per calander month.
Hours
The current trading hours are -
Monday to Friday - 9am - 5pm
Staff
We are advised that the Saffron Walden store has 3 staff members and the White Roding store is run and managed by our client, with the help of 2 other staff members.
Financial Profile
We are advised as per the 2022 accounts, the businesses generated a combined turnover in the region of £202,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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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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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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