High Street Retail Property for sale

Birmingham


£89,950
S.O.A.

Features

  • Experienced team
  • High turnover
  • Large customer base
  • Substantial premises
  • Well-established

Description

City Business Brokers are pleased to bring to the market this very well-established Flower Shop which primarily conducts a popular independent retail operation of an extensive selection of traditional seasonal fresh flowers and arrangements for all occasions.
The business has been run by our Clients for the last 34 years and they have laid the most solid of commercial foundations for any new owner in terms of facilities, reputation and goodwill, with the aid of an experienced and motivated team who would be an asset to any purchaser. The business now only comes onto the market due to our clients' wish to retire.
This would present a truly outstanding opportunity for anyone with some appropriate product knowledge seeking a superbly located, fully-equipped and locally valued going concern, furnishing considerable scope for continued growth and increased profitability in a specialist retail and service sector of consistent high demand and we would unreservedly recommend an early viewing.
Financial Information: Current turnover in the region of £350,000 + VAT per annum with a profit of £38,000, with scope to increase.

Lease: A new lease is available.
Rent: £12,000 per annum
Business Rates: We are advised that no Business Rates were payable this year but were £3,500 previously.
Trading Hours: Monday to Saturday 8.00am to 5.30pm
Well-established

Experienced team
Loyal customer database

Excellent website
Large retail and workshop space
Fixtures & Fittings The business is well-fitted throughout and a valuable inventory of equipment (circa £10,000) is to be included in the sale price, plus 2 sign-written delivery vans.
There is real potential to increase turnover and profit by adding to the current product range, further developing the Wedding side of the business, increasing workshops and considering a national delivery service.

Categories

High Street Retail Property
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Property reference
CP_FD714E0D11_32