Established Grocer & Florist in Southampton

Southampton, Hampshire
REF: R06498

Asking Price:
£150,000
Annual Turnover:
£400,000
Annual Net Profit:
TBC
REF: R06498

Overview

Tenure:
Leasehold
Established:
1970
  • Great reputation
  • Family values
  • Established customer base
  • Fantastic location encourages footfall
  • Potential for growth and development

The business for sale is a dedicated retailer, providing warm and friendly customer service to ensure a satisfied and ever-increasing customer base.

Well-established in the community, this business has been selling fruit and vegetables to the people of Southampton for decades and has more recently shifted its focus to the sale of flowers.

This business is centred around the customer and is proud of its regular customer base, whilst highlighting opportunities for growth. The business is now for sale on a leasehold basis.

This double-fronted terraced shop is situated across one floor and holds a storeroom towards the back, and a till at the front. The store has a regular client base and encourages footfall through a clear and interactive website and a Facebook page. The website focusses on a range of flowers including floral tributes and ceremonial flowers.

In 2010, the business began to supply flowers and garden-centre gifts to its significant customer basis. The business offers a seven-day guarantee on all its flowers and prides itself on its fair prices. The business also currently offers a popular delivery service.

The shop benefits from being the only retailer of fruit, vegetables, and flowers in the vicinity, and enjoys mutual respect between owner and customer. The large shop currently trades between 8 am and 5 pm, Monday to Saturday.

The shop currently employees eight members of staff. The business is proud of its reputation as a respected retailer of flowers and produce in the area, and highlights opportunities for the business to develop further through a focus on extended advertising, marketing, and an increased social media presence.

This business is part of a large name floral delivery service and is renowned for the quality of its products and delivery options. This lucrative business has an annual turnover of 400,000 and is an excellent opening for a buyer seeking an established and reputable business opportunity in Southampton.

The owners are embarking upon a new venture but are willing to stay for a three-month transition period if required.

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  • Prime location
  • High footfall
  • Close to complementary businesses
  • Easily accessible
  • Parking nearby
Rent
£35,000
Rates
£21,000
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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