Hilton Smythe welcomes to the market florist. The business was originally established in 2001 by our client who has thoroughly enjoyed running this successful business. The owner is now looking to sell the business due to the desire to focus on other business opportunities.
The business runs as a traditional florist selling fresh flowers and arrangements, plants and outside flowering plants, hanging baskets, cards, balloons, birthday and wedding gifts, Yankee candles, Jewellery, vases and interior/exterior lanterns and decoration gifts.
The business offers a punctual delivery service through an e-florist. We are advised that 20% of orders are generated through the site. They serve a lot of events such as weddings, funerals and other events. The florist generates a healthy turnover of around £83,000 per annum and a gross profit of 31%, from the sale of its products.
We feel that the business could increase turnover by expanding the weddings and other events. The new owner should look to advertise at local wedding fairs. The purchaser could also look to arrange contracts with local funeral directors.
The business doesn’t yet have its own website. This would be a great way of advertising stock and should be something the buyer looks into. The current owner has a Facebook page which is updated regularly.
This is a well-presented shop in the heart of the village. The property boasts low rent with the potential to rent the upstairs first floor flat to generate an extra monthly income. The florist is a great opportunity for a purchaser with an interest in the trade. Hilton Smythe highly advise early viewing, to avoid disappointment.
Florist in Doncaster, South Yorkshire.
The florist is situated on a main high street that boasts a plethora of retail outlets. There is a variety of stores such as a convenience store, opticians, clothing store, off licence, cafes, tattoo parlour and much more. This is a great location for a business as there is always a heavy amount of passing trade. There is on street parking bays along the parade of stores making it easier for customers to call in.
The town has several bus stops dotted around.
The front of the property is well signed. Across the entrance is a large bright sign which is very eye-catching to passing trade. The window that runs across the property allows for a light interior. There is a terraced area at the front of the property which is used to promote large ranges of stock.
On entrance you are welcomed by a bright interior with an array of colourful flowers. This is an open plan retail space with shelving around the perimeter. There are also central displays which are very attractive. This is a presentable shop that is very welcoming.
The service counter is to the rear of the shop. There is also an entrance at the back that leads to a rear stockroom and work area. There is also a kitchen and toilet for staff.
Equipment included in the sale is as follows-
2 x Glass cubed display stands
French styled glass display wardrobe
At the back of the property there is a second workshop and a storeroom.
We are advised the business is being sold as a leasehold opportunity.
There is currently a 12 month rolling lease agreement in place.
Rent: £3,380 per annum
The business is opening hours-
Monday - Saturday: 9am – 5:30pm
The business is run and managed by our client with the help of 1 member of staff.
There is also 2 part time drivers that work when required.
The business generates a turnover in the region of £83,000 per annum.
Gross profit 31%
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