| (REF: 1587) Leasehold Florist/Gift Shop, Gloucestershire |
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| Seller Reference: |
1587 |
| B4S Reference: |
16620 |
| Asking Price: |
£68,000
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| Net Profit: |
£20,000 |
| Sales Revenue: |
£120,000 |
| Number of Staff: |
3 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Gloucester, Gloucestershire, |
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The particular highlights of the business are:
- Ideally located concern offering excellent lifestyle.
- A well established business.
- Good loyal clientele.
- A fantastic delivery service
- A good income stream from Interflora agency.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £120,000 with a net profit of £20,000. (See financial summary below).
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business.
History
Phoenix Business Transfer Agents are delighted to place onto the market this thriving florist which has been established since 1990. The business has been in the hands of the current owners for 4 years and they now wish to sell due to retirement.
Services
This very good business opportunity provides flowers, chocolates, teddys, cards, photo frames and much more.
Staffing
The concern employs 3 staff all of whom are part time. All staff would stay on after a sale.
Owners Role
The owners role is hands on and they deals with the day to day running of the business.
Marketing
The owner markets the business in the local papers and is on the Interflora website, being part of their network.
Competition
As far as competition is concerned there are only three in the area but this is the largest and best known of them.
Market
The client base consists of loyal repeat customers with passing trade and a good trade from Interflora.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
Increasing the marketing activity with direct mailings and local and internet advertising.
Increasing the opening hours to include longer trading hours and to open Sundays.
Increasing the product line to include more products for sale especially gifts and possibly champagne.
Becoming more efficient with staffing levels.
With an enhanced website.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
Property Details
The front is branded with an attractive glass front. There are manual shutters. The main customer service area is tiled with a middle aisle and shelving and racking to the walls. It is very well presented and is very conveniently laid out.
There are a toilet and staff facilities and a fully equipped kitchen.
Equipment with sale
All fixtures and fittings and equipment are included in the sale price and are valued at £15,000.
First Floor
On the first floor there is an office and store room
External
To the rear is parking facilities.
Financial Details
The present turnover is £120,000 per annum with a gross profit of 45% and a net profit of £20,000.
The potential turnover of the business within the next 2 years is forecast to reach £150,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
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Property: |
Leasehold |
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Lease Terms: |
The original length of the lease was 20 years with 3 years remaining. The rent is £8,400 pa. The lease may be renewable or negotiable for longer term if required. The rates are £1200 pa. |
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Living Accommodation: |
No |
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Location: |
- Situated in Coleford area of Gloucester in Gloucestershire
- Prominent location on main arterial road
- Part of a parade of shops
- Excellent parking facilities nearby
- Surrounded by densely populated residential area with schools and other local amenities.
- Local population consists of a mixed population
- Area offers exceptional lifestyle
- High levels of passing trade
- Good volumes of traffic and pedestrian flow
- Commercially thriving area
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As far as competition is concerned there are only three in the area but this is the largest and best known of them. |
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The concern has huge potential. In particular the turnover and profits can be increased by:
Increasing the marketing activity with direct mailings and local and internet advertising.
Increasing the opening hours to include longer trading hours and to open Sundays.
Increasing the product line to include more products for sale especially gifts and possibly champagne.
Becoming more efficient with staffing levels.
With an enhanced website.
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday to Saturday: 9:00am 5:00pm |
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The concern employs 3 staff all of whom are part time. All staff would stay on after a sale. |
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