Home & Garden Services for sale in Bristol

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Adam Warren (Jan 2017)
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Leasehold Price: £39,500 + SAV (Leasehold) Annual Turnover: £153,000
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Business Description
Business Partnership are pleased to bring this high street florist of some 40 years trading to the market

  • Well established high street business
  • No direct competition within 8 mile radius
  • Recommended florist by several high profile wedding venues
  • Industry respected online ordering system
  • Significant sales to commercial clients
  • Extensive leasehold premises allows for expansion and diversification
  • Fully staffed business
Business Partnership is pleased to bring this florist that has been established for over 40 years to market.
The current owner has owned the business for 3 years but is now offering it for sale due to a lifestyle change.
The business has established itself within the local community, including involvement in Britain in Bloom. They also rent out one of their small windows to local craft businesses for short periods. 
It has a large customer base and a good online following on social media sites and through its E-Commerce website. The site offers either delivery or Click and Collect service.
The town has over 500 new homes being built and the business has a contract to deliver a bouquet to every new home on the Barratt Homes development. It also benefits from being the only Florist within an 8 mile radius.
The business is the main supplier of funeral flowers for the local Funeral Director and also has contracts with various business's, including supplying arrangements for cabins on a cruise Ship, reception desk flowers in local offices, flowers for shops and for local hotel guests. 
Over the last 3 years they have built up the wedding side of the business, in 2016 they did 14 weddings and in 2017 this increased to 37 and continues to grow each year. They use the 'Stelitzia' order system which stores around 1600 customers details, along with 25 account customer details which allows them to send monthly invoices.
The current owner runs the shop full time and currently has a team of 4 x part time members of staff, 1 x Trainee and 1 x delivery driver.
The business is ideally positioned for a new owner to take it to the next level whilst capitalising on its 40 plus years of trading history.
Tenure: Leasehold

Support & Training:
A reasonable handover will be agreed

Location Details:
Located on the high street of a busy, historic market town with ample parking close by

Leasehold Term:
The business has a 15 year lease with 12 years remaining and reviews at 5 year intervals.
The lease has been reduced to £13,500 pa for two years.

Listed by: Business Partnership

Find out more about this business opportunity.

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