Hilton Smythe welcomes to the market Jeans Flower Shop.
The business has been operating for over twenty-eight years and run by the current vendor for just over seven years and is only now being offered to the market due to our clients wish to retire this is truly a rare and exciting opportunity that’s become available.
This long-established business has built up an enviable reputation for quality and service within this sector and coupled with the location makes this opportunity a truly worthwhile acquisition.
Jeans Flower Shop has the benefit of both walk in and delivery sales at approximately a 70-30 split and has focused on the funeral and wedding trade within the area gaining a very coveted reputation within this sector of the market.
This business opportunity would suit either an established operator looking for an additional site or an individual or partnership looking for a fresh challenge with excellent future growth potential and profitability.
Our client is also the landlord of the property and trading premises and can therefore offer the new vendor favourable rent and Lease terms.
Our client has invested in updating the new slick website www.jeansflowersrugby.co.uk along with sourcing and securing excellent supplier contracts from Europe which will give the new owner the opportunity to expand further into new markets as well as introducing additional products and services creating a truly exciting opportunity.
This is a golden opportunity to acquire this well-established business with an excellent reputation one not to be missed with it's huge potential for further growth and profitability.
Please contact Hilton Smythe to avoid disappointment.Location
Period property situated on Castle Street just off North Street towards the centre of Rugby Town Centre.
The site is easily accessible by public transport, on foot and by all modes of transport with the benefit of being on the one-way system within the town centre which also leads on to a pay and display car park.Premises
Attractive ground floor trading premises in Rugby Town Centre.
Front entrance into main display and trading area.
Storage and preparation rooms to the rear with ground floor WC.
Included in the sale:-
• All display shelving
• Preparation tables
• Racking and shelving
• Cutting tools
• Paper storage units
There is access to the rear of the shop from the side entrance.
Deliveries and collections being able to be undertaken from the front of the business.
A sign written delivery van is also included in the sale.Tenure
We are advised the business is being sold as a Leasehold opportunity with a new Lease and terms to be agreed.
We are advised an anticipated rent to be in the region of £7,000 per annum.Hours
Monday Tuesday Thursday and Friday 9.30am till 5.00pm
Wednesday and Saturday 9.00am till 2.00pmStaff
The business is run and managed by the current vendor with 2 part time staff members.Financial Profile
We are advised the business is currently turning over in the region of £87,800 per annum on an upwards trajectory generating a healthy adjusted nett profit.
We are advised there are no business rates payable.