Retirement Sparks Sale of Renowned Florist and Gift Shop in Burnham, Essex
Burnham on Crouch, Essex
- Status
FOR SALE
- Date Submitted:
20/12/23
- Advert ID
604182
- Reference
B07728 / Rightbiz
- Call Agent:
- Leasehold: £85,000
- Turnover: £139,463 (£2,682 Per week)
- Net Profit: £6,242 (5% Profit margin)
Business Details
Well Established Florist And Gift Shop For Sale
BusinessPlease quote reference B07728
CoGoGo are delighted to welcome to the market Jacaranda Florists, a highly rated Florist and Gift Shop in Burnham On Crouch in Essex.
The business was founded by the current owners 20 years ago when they identified a need in the area for quality floristry and gifts. The business has been a real labour of love accruing many regular customers and a great reputation for customer care and service
Jacaranda Florists has now come to the open market due to our clients desire to retire and relocate.
The business offers flower designs that are modern contemporary and full of creativity, luxury gifts and a small garden centre. Customers can collect instore or have their flowers delivered five days a week.
The business offers a full range of flower’s including;
- Arrangements
- Funeral Flowers
- Corporate Flowers
- Exotics
- Hand tied bouquet’s
- Luxury flowers
- Plants
- Christmas flowers
- Eco range
- Chocolates
- Jelly Cats
- Kew Garden soaps
- St Eval candle range
- Anna Wright cards (and other high end brands)
- Vases
The sale will include the company website and social media platforms and the business enjoys good visibility online with impressive reviews.
Key selling points -
- A well established, monopoly business with an enviable reputation and many existing customers
- Current owners happy to offer a handover to ensure the continued success
- Ideal owner managed or partnership business
- Prime trading position with lots of footfall
- Little or no competition locally
- Benefits from small business rate relief
- A real opportunity to increase turnover and profits (especially if wedding work reintroduced), current owner have been running at a pace to suit
- Advertising and Marketing campaign
- Maximise the use of social media
- Invest in SEO & PPC to drive new customers to the business
- Extend the opening hours
- Reinstate wedding flowers, has been very lucrative previously
- Introduce a café, there is room at the premises and demand locally
- Add additional gift lines to shop
- Increase garden centre trade (opened 2021)
- Floristry workshops
Location
Jacaranda Florists is located on Station Road in the town of Burnham On Crouch, Essex
The business occupies a highly desirable trading position, receiving high levels of footfall and passing trade.
Premises
The business occupies a generous and quirky premises which is ideally suited to the trade. Briefly comprises a well stocked shop unit, a flower room, kitchenette and WC.
There is an outside area that is utilised as a garden centre, an external store and a workshop together with off-road customer parking for 4 vehicles.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 10 year lease with 2 three year break clauses. The rent is £708 per month, which is reasonable given the size and location of the business.
Hours
The current trading hours are -
Monday to Saturday - 9:00am - 4:00pm
Sunday - Closed
Staff
We are advised that the business is run and managed by our client, with the help of 1 full-time worker and a casual delivery driver.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £140,000. 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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