Long-Standing & Reputable Florist in Nuneaton

Nuneaton, Warwickshire
REF: INT1800

Asking Price:
£20,000
Annual Turnover:
£105,286
Annual Net Profit:
£23,830
REF: INT1800
Photo of Long-Standing & Reputable Florist in Nuneaton
Photo of Long-Standing & Reputable Florist in Nuneaton
Photo of Long-Standing & Reputable Florist in Nuneaton
Photo of Long-Standing & Reputable Florist in Nuneaton

Overview

Tenure:
Leasehold
Established:
2002
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Spacious Premises

This is a unique opportunity to acquire a long-standing and reputable florist, which sells a wide variety of quality cut flowers and has an ideal location in Nuneaton, Warwickshire.

The business was first founded in 2002 and has operated successfully over the years, becoming an established name in the local community. They have also built up a loyal client base and a brilliant reputation for their beautiful flowers.

They prioritise offering their customers a large selection of both traditional and exotic quality cut flowers, priced to suit all budgets. They also stock a wide range of flowering and foliage potted plants, suitable for indoors and outdoors.

Their wide range of bouquets suit all occasions, including funerals and weddings. They pride themselves on their ability to look after customers throughout all their important occasions, offering a caring service.

For weddings, they offer both traditional and contemporary designs, tailored to customers’ requirements, from bridal bouquets, posies, and buttonholes, to church and reception flowers.

Alongside flowers, they also stock a varied selection of helium balloons, chocolates, champagnes, soft toys, and gifts, which is a brilliant additional revenue stream for the business. Furthermore, they also personally deliver in the local area within a 10-mile radius.

The florist has an ideal location in the centre of Nuneaton, which benefits from nearby car parking. Most importantly, the convenient spot benefits from limited competition in the local area and high footfall, which should ensure plenty of trade for the new owner.

The ground floor shop is accessed from the high street and leads into a large showroom, which has a reception and display unit, surrounded by stock and flowers. The preparation room, kitchen facility, and office are found at the back right of the showroom, with toilet facilities located to the rear. The spacious premises are well-equipped, and the new owner should be able to begin work immediately, following the acquisition.

This would be an ideal opportunity for a current operator in the sector, who is now looking to acquire their own, successful florist business.

There is huge potential for growth with this business, as there is a massive opportunity to introduce related products to the portfolio. It would also be a brilliant idea to grow the company’s social media presence and invest in some paid advertising, increasing the client base in an area, where there is very little competition.

Features

Key Information

  • Sells Online: Yes
  • Products Sold: Plants & Flowers

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes
  • Twitter: Yes

Website: www.eoflorist.co.uk

Location

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  • Residential Location
  • High Street Location
  • High Footfall
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£7,000
Annual Rates
TBC
Lease Term (Years)
1
Lease Expiry (Year)
2022
Accommodation Included
No
EPC Rating
B 26-50

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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