Business
CoGoGo is delighted to present to the market a beautifully presented florist business with over 29 years of goodwill. Our client is now selling the business due to retirement.

The much-loved business will come with a full business handover to ensure the smooth transition from the existing owner to someone new.

The business is split between walk-in trade, regulars, deliveries and business accounts. Our client offers flowers for all occasions from weddings, anniversaries, mothers’ days, valentines, births and funerals with acclaim for her funeral arrangements.

Our client offers a full range of fresh flowers, seasonal plants, small birthday gifts, gift cards, balloons and planters.

Some of the key business accounts include several nursing homes and a BMW garage who all make order payments via bacs on a monthly basis.

Our client advises the business is split:

• 30% walk-in customers.
• 20% from ‘E Florist’ orders.
• 40% from own website orders.
• 10% from contract customers.

We believe there is further potential to develop the orders via the florist’s own website as well as increase the presence on social media.

The business recently featured in an article to celebrate the longevity and success of over 30 years, this was also published on various other advertising platforms.

Our client admits the business is now run to suit and any new owner would benefit from extending the hours as well increase advertising.

Location
The business is located in West Sussex.

The business sits centrally in a busy parade of local community shops.

The business benefits from free customer parking directly outside.

Premises
Main shop –

• Window display area
• Left hand fresh flowers stand
• Right hand flower wrap stand, display shelving unit
• Central service counter and under counter storage, till and card machine
• Flower prep area and storage area
• Rear prep room with sink and staff toilet
• Access to rear parking area

Premises are circa 31sqm.

Tenure
We are advised the business is being sold as a Leasehold with 3 years remaining on a 5-year renewable lease (which could be extended if required) paying just £6,240 per year. The business benefits from full small business relief of the business rates paying 0 rates in the current year.

Hours
MONDAY, TUESDAY, THURSDAY, FRIDAY – 9am to 5pm

WEDNESDAY & SATURDAY – 9am to 1pm

SUNDAY – Closed

Staff
The business is run and managed by our client with the help of 2 x part time members of staff.

Financial Profile
As of the 2021 accounts the business generated a turnover of £66,178 with an adjusted net profit of £14,575.