FOR SALE
26/09/22
500840
floristsolKS / Rightbiz
City Business Brokers are pleased to bring to the market this very well-established and well-loved Florist. The business primarily conducts a popular independent retail operation of an extensive selection of traditional seasonal fresh flowers and arrangements for all occasions including weddings, funerals, corporate events, birthdays, Mother’s Day, Valentine’s Day, etc. A delivery service is also offered. In addition to flowers, accessories such as chocolates, cuddly toys, balloons, vases, and cards are available.
· Established for 30 years
· Fantastic reputation
· Good location with high footfall
· Large demographic
· Low Rent
The business was established by our clients 30 years ago and they have laid the most solid of commercial foundations for any new owner in terms of facilities, reputation, and goodwill, with the aid of an experienced and motivated team who would be an asset to any purchaser. The business now only comes onto the market due to our clients’ wish to semi-retire.
This would present a truly outstanding opportunity for anyone with some appropriate product knowledge seeking a superbly located, fully equipped and locally valued going concern, furnishing considerable scope for continued growth and increased profitability in a specialist retail and service sector of consistent high demand and we would unreservedly recommend an early viewing.
Financial Information
Current turnover in the region of £239,000 per annum with a profit of £81,000 with scope to increase
Lease: The current lease has 7 years remaining
Rent: £7,000 per annum plus Service Charge of £3,000 per annum
Business Rates: Zero
Staff: The owners plus 1 full-time and 2 part-time
Trading Hours: Monday to Saturday 9.00am to 5.30pm. Sunday opening for special occasions such as Mother’s Day
Fixtures & Fittings The business is well-fitted throughout and a valuable inventory of equipment (circa £50,000) is to be included in the sale price.
There is real potential to increase turnover and profit by opening on Sundays, having longer opening hours (7.00am to 7.00pm), further developing the Wedding side of the business and embracing social media to further promote the superb goods and services on offer.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
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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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get SolicitorThe data showed regarding this advert 'Well Established Retail Florist, Solihull Area, West Midlands - floristsolKS / 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.