Florists for sale in Hanwell

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Florist- Hanwell, London

Hanwell, London, England

  • Leasehold Price: £90,000  Price Reduced arrow_drop_down
  • Annual Turnover: £150,000
Seller Reference: KBT48243
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Business Description
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Seller Reference: KBT48243
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Business Description
• Well established florist with genuine growth potential
• Turnover c. £150,000 with high profit margins
• Ideal lifestyle change business
• Excellent West London location close to Ealing Hospital

Well established florist situated in a densely populated West London location. Approx. 0.6 miles from Ealing Hospital. Regular custom along with passing trade. Contract with Interflora. Open six days a week. Good roadside signage along with a number of 30 minute free parking spaces close by. Approx. 300 new apartments currently being built directly opposite offering genuine growth potential. Ideal lifestyle change business opportunity. Viewing recommended. Leasehold Ref: 48243

Exciting opportunity to acquire a well established and well used florist which is situated in a popular area of West London between Ealing and Southall. The shop occupies a prime parade position amongst other independent retail outlets and national chains and is approx. 0.6 miles from Ealing Hospital. Whilst the business benefits from regular walk in trade, there are number of 30 minute free parking bays close by, some of which are located outside the shop.

The area in general is busy throughout the day with footfall from local residents along with those visiting the hospital. The business attracts high levels of regular custom such is the quality of the flowers, most of which are sourced from the Netherlands with two to three deliveries a week. The business originally started trading around 2010 although it has been in the current family since around 2015 and is now only being offered for sale due to our clients’ other business interests outside of the UK.

This highly regarded business has built up a loyal client base in recent years and benefits from a contract with Interflora. According to the figures, approx. 300 – 350 bouquets are ordered each month via Interflora along with local deliveries which go as far as Acton and Greenford. Whilst the area is already fairly well populated, there is a new residential development being built directly opposite which will consists of c. 300 apartments. In our opinion, this will increase the client base, income and overall profit in years to come.

Whilst the business has its own eCommerce web site which receives high volumes of traffic on a daily basis, it also has strong connections with a number of funeral directors, retail outlets and hotels locally providing corporate flowers, weekly flowers, flower installations, planting and plant maintenance.

Summary. A first class business opportunity for an ambitious, hands on owner who is looking for a lifestyle change opportunity who could truly exploit this business to its full potential and built upon the reputation gained by our client over recent years.

A viewing is highly recommended to appreciate the business opportunity, location and genuine growth potential.
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