LEASEHOLD FLORISTS - WOLVERHAMPTON
Price:
Leasehold - £14,000
Location:
West Midlands , Wolverhampton
Business Type:
Retail businesses
The particular highlights of the business are:
- Excellent business location.
- Well established parade of shops offering ample free parking and high levels of pedestrians.
- Newly opened but very quickly established.
- Fully equipped business with favorable lease terms (see below).
- First year of trading – Turnover approx £30,000.
- A business with great potential to increase turnover and profitability.
- An easily run operation.
- A excellent first time buyers business.
History
Phoenix Business Transfer Agents are delighted to place onto the market this excellent Florist. The business was established by the present owner some 12-months ago and would like to sell the business as she is moving abroad with her family.
Services
This very good business opportunity provides a wide variety of flowers and bouquets to passing clients and telephone bookings.
Staffing
The business is managed solely by the present owner, and offers excellent opportunity for a like minded individual or couple.
Owners Role
The owners’ role is hands on and she works six days per week.
Marketing
The owner markets the business through a website.
Competition
As far as competition is concerned there are two other florists within the a mile or so of the business, one of which has recently opened.
Market
The client base consists of mainly local customers but has huge opportunity to expand into the local corporate sector.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the range of services, for example introduce a nationwide flower broker.
• Increase products, offer plants, prepare more bouquets, sell balloons/cards/gifts, etc..
• Leaflet drop all the local offices and businesses.
• Introduce a sign written van and offer deliveries.
Training and Handover
The owner would be available for a training and handover period, however the owner will be moving abroad and may only be available for a limited period.
Property Details
The property is terraced and is part of a parade of shops and is approximately 1,000 sq ft. The front is branded with an attractive glass front. The main customer service area is tiled with clean white walls. It is very well presented and is very conveniently laid out.
To the rear of the building there is a very large preparation and storage area, along with toilets, kitchen and store room.
Equipment with sale
All fixtures and fittings and equipment are included in the sale price.
Financial Details
The present turnover is £30,000 per year with a gross profit of approx 50%. The present value of the stock is approx £500.00. The business has been trading 12-months only. The business is well positioned to enhance these figures. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
- Situated on the North side of Wolverhampton.
- Prominent location within shopping precinct on main commuter road.
- Surrounded by densely populated residential area with schools and other local amenities.
- Area offers exceptional lifestyle opportunity.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
The original length of the lease was 3-years with 18-months remaining. The rent is £10,000 pa. The rates are £2,260 pa.
Monday to Friday 09.00 – 17.00 hrs, Saturday 09.00 – 16.00 hrs.
Sunday delivery service only by pri
UK Non-Specific
£ 800,000
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