Florists for sale in Oldham

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Well Established Florist - Oldham

Oldham, Greater Manchester, England

  • Leasehold Price: £54,950
  • Annual Turnover: £115,000
  • Annual Gross Profit: £52,000
Seller Reference: 7049
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Business Description
 
 
 
 
 
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Seller Reference: 7049
Request Details
Business Description
Prominent Main Road Trading Position
Owner Operator
Annual Turnover £115,000
Gross Profit £52,000
Net Profit £13,000
Further Financial Info Available After Viewing
Long Established/Since 2008
2012 Renault Kangoo Van Included
Low Overheads
Excellent Reputation/Fantastic Online Reviews
Fully Equipped
Repeat Customer Base
Potential For 1st Floor Accommodation
Scope To Extend Opening Hours
EPC - C
REF 7049 – Leasehold Florist

Blacks Brokers are pleased to bring to the market this leasehold florist located in Oldham, Greater Manchester.

INTRODUCTION

Flowers By Sarah Jayne was established by our client in this busy area of Royton in 2008. The business specialises in weddings, funerals, gifts for all occasions, chocolates, balloons and hampers and is also an Interflora agent. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Facebook. Flowers By Sarah Jayne has a comprehensive website in place.

LOCATION

Flowers By Sarah Jayne occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers including a barbers and sandwich shop as well as large multiples such as The Co-op and Lidl. The area is well linked by the M62 and A627(M) with very strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but sadly due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a ten year lease which began in 2017 at a cost of £200 per week.

STAFF

The business operates with our client only in employment.

FINANCIAL DETAILS

Flowers By Sarah Jayne has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £115,000 and a gross profit of £52,000. Full financial information is available upon request.

BUSINESS RATES

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This highly reputable and well established business occupies an enviable trading position in a bustling area of Oldham. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of longer opening hours to include a late night and Sundays. There is also scope to expand the product range and introduce a strong marketing plan, possibly online and with the use of social media. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Shelving

Racking

Flower Cutting Equipment

Paper Cutter

Cash Register

2012 Sign Written Renault Kangoo Van
Trading hours:
MON - SAT: 09:30 - 17:00
SUN: CLOSED
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Flowers By Sarah Jayne operates from the ground floor of a spacious mid terraced property within a parade of shops and offices. The business has large branding and signage on display above a glazed frontage. Inside, the main studio is beautifully presented with a range of fresh flowers and arrangements on display along with cards, gifts and other products displayed on wall shelving and free standing units. The counter is positioned to the rear with large workshop behind.

The first floor which is currently used for storage. However, we are advised this could easily be converted into a one bedroomed flat.

Location Details:
Oldham
Leasehold Term:
£200 Per Week
Listed by:
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