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High Class Florist

Price:
Leasehold - £90,000
Turnover:
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Seller Ref:
CL001117
Location:

London, SW London, Richmond

Business Type:

Retail businesses

See Other:
Florists for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
High Class Florist with no affiliation to any relay service. A florist has been established on this site for many years and has been operated by the current owner since 2004 having built up a fine reputation for supplying high quality flowers particularly targeting the up market clients in the area.

The business is only open a short week and is also closed for a period of up to 12 weeks during the year (School holidays, 4 weeks after Christmas and Saturdays on Bank Holiday Weekends) and this is purely a life style choice of the owner.

Apart from shop sales year ending April 2010 of c£121,105 per annum there is also a small contracting part of the business with an annual income of c£35,000 (approx. averaging £2,915 per month) with further income achieved from 3 domestic clients of c£150 per week. Total income iro c£160,000 per annum working on a gross profit of c50-60%.

This is a very profitable business, benefiting from low overheads, working only short hours and the turnover could be increased substantially with longer opening hours and membership of a relay service.

VW Black Caddy van, 06 registration included in the sale. Administration finance charge £195 per year, no other finance.
Location Details:
Sited on a small shopping parade close to Richmond Town Centre on the borders of SW London and Middx. The shop is surrounded by many offices, shops and restaurants relying on trade from the local area.
Lease Terms:
New lease commenced 2011 for a period of 6 years. (Advised renewable within the Landlord & Tenant Act but unseen by Adams & Co). Rent, Rates, Utilities and insurance £19,524 per annum. (Rent represents £14,000 of this figure.)
Trading Hours:
9am – 6pm Wednesday, Thursday, Friday and Saturday. Closed Sunday, Monday and Tuesday. Closed Satur
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