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Key Facts

[Ref: AH098]

Business For Sale : Retail Florists with Interflora & E-Commerce Website
Location : Northern Ireland, UK
Leasehold | Asking Price: "85,000"

Contact: Turner Butler

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Asking price includes

Turnover circa £150 - 200,000 per annum
Gross Profit circa 40 %

Busy High Street location in the scenic historical area
All fixtures and fittings and stock
Award winning business
Goodwill

Business profile

A retail florist, this long established family business was created circa 65 years ago. The business is situated in a busy high street location with strong footfall and plenty of customer loyalty.

All staff are award winners, which is demonstrated in the quality and style of the broad range of flower displays on offer. Customers can purchase flowers for anniversarys, weddings and funerals, and additionally can also buy helium balloons, chocolates, teddy bears & champagne to be delivered along with the flowers.

The renowned shop is situated in the old historic and scenic part of town and delivers to a wide geographical area. Fully computerised the business operates a successful following day delivery service direct from the shop.

There is a secure E-commerce website, using Interflora details, which has grown and now contributes a healthy income to the business. The E-commerce website has increased orders online and the vendors believe that there is potential to expand further into the wedding and contract markets.

Customer Service

The business offers personal attention, providing customers with the right products at the right prices, with the emphasis on service, value, quality and reliability.

Key Strengths

The business is well known for reliability and quality of product and continues to flourish with many return customers and new referrals. A leader in floral design, with award winning top floristry techniques this business ensures customers benefit from exceptional value for money and maintains profitability.

Growth and Expansion

This business offers a lifestyle change if required, with Freehold accommodation available, (at additional cost) as well as the business opportunity. The florist store has been in the family for three generations and offers excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the level of products provided for its customers. It is considered that a new owner with fresh impetus and enthusiasm could double the level of business by investing in additional advertising and attracting more business from weddings and funerals. Also at present the business attends circa 30 wedding fairs per annum and there is the possibility of attending up to 300 to further capitalise on the ever increasing opportunities made available to the company through its reputation.

Premises

The business is for sale on a leasehold basis, with the freehold available at an additional asking price of £450,000. The shop premises are mid terrace and occupy a prime trading position on a busy high street.

The store comprises of ground floor shop premises with front and rear access and tiled floors. There are generous display windows and sales area plus storage a managers office, toilets and kitchen.

Rent and rated to be negotiated with the vendor.

Employees

Two full time staff and two part time staff are employed.

Financial profile

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Support and Training

The vendor is happy to provide any support or training for the new owner to ensure a smooth takeover of the business.

Reason for Sale

The vendors have reached retirement age and wish to take life a little easier.

 
 

[PRFLID:25514] [CMPID:7] [FRMTeID:] [MiUITID:1] [MiID:135978] [PdUITID:1]

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