 | Small Chain of Florists Shops For Sale Undisclosed, Warwickshire, United Kingdom Advert ref: TRB.1335 FINANCIAL DETAILS | Asking price: £90,000 Sales revenue: £533,000 Net profit: £35,000 Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | 3 Locations in separate North Warwickshire Towns
All Long Established Outlets
Fresh Flowers, Plants and General Gifts
Members of an International Delivery Network
Fully Staffed with Loyal, Professional Florists
Turn-Over for 2008 £533k, GP in excess of £262k
The shops are open to offers on an individual basis if preferred
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GENERAL INFORMATION | Years established: 10
Trading hours: 9am to 5pm
Property: Leasehold
Lease terms
Unit 1: Long established and under the present ownership since 1998. Circa 75m2 retail space with staff facilities to the rear. There are 12 years remaining of a 15 years lease from April 2005. Current payable is £11,000 per annum and rates are circa £2818 per annum
Unit 2: Purchased approximately 8 years ago, retail area circa 81.9m2 with staff parking to rear. There are more than 6 years remaining of a 15 year lease from November 2000 at current rent payable of £7,200 per annum inclusive of rates (rent review due Nov’08).
Unit 3: Owned since 2005 with retail area of approximately 108.3m2 with additional second floor storage and preparation space. There are 4 years remaining of a 7 year lease from May 2005 (rent review in 2 years) at annual rent payable of £15,250 and current rates payable of £5,544.
Location
The Business Partnership are offering for sale this profitable business - the current owners purchased the first business in 1998, located on the high street of a popular North Warwickshire market town. They acquired their second unit 2 years later, a more rural location on the outskirts of town. The third business was acquired 3 years ago, set in a prominent location of a large North Warwickshire town. All three units are part of the Interflora International delivery network and retail fresh cut flowers, flower arrangements, plants, accessories and general gift items from well presented premises.
Support & training
As required
Reasons for selling
Other interests
Related documents
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
