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High Class Florist-North London

Price:
Leasehold - £79,500
Turnover:
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Seller Ref:
CL001179
Location:

London, North London, Hampstead

Business Type:

Retail businesses

See Other:
Florists for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
High Class Florist which has been established for 24 years with a long standing loyal customer base with stable long standing experienced florists. Servicing all areas plus worldwide deliveries where required. The business has built up a fine reputation for providing a quality product. The extensive customer base includes Account and Contract customers along with membership of E Florist Relay Service. The business also benefits from a fully operation Web Site with online ordering system.

Business services include Retail, Contract, Weddings and Functions. Flower Classes. High turnover of Silk Flowers along with stockist for imported vases and containers which are unique to this company.

Sales figures for 11 months ending July 2011 show a turnover of c£228,000 per annum working on a gross profit of circa 50%. Accounts show a profitable business benefiting from very low overheads.

Sign written van included in the sale.

The business is being offered for sale due to the retirement of the principles.
Location Details:
Sited in up market district of North London with easy access and parking, servicing the surrounding districts of Hampstead, Hampstead Garden Suburb, Highgate, Swiss Cottage and Muswell Hill accommodating the main customer base but also an extensive delivery area in London.
Lease Terms:
Lease expires in 2016 (Advised that lease is renewable within the Landlord & Tenant Act but unseen by Adams & Co.) Rent £7,000 per annum. Rates £2,900 per annum
Trading Hours:
8.30am-5.30pm Monday to Friday. 8.30am-4.00pm Saturday. Closed Sunday.
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