Award Winning Interflora Florist With Strong Wedding Trade For Sale

Business description

HISTORY

• Established by vendor in 1977 as independent florist with emphasis on excellent customer service
• Customer base has grown considerably over the years with high repeat rate
• Freehold acquired in 1984
• Considerable care taken to recruit and train staff to the highest standards
• A number of successful competition entries and awards
• Interflora agency established
• Superb fully functioning websites established

REASON FOR SALE

• Retirement

PRODUCTS

• Very full range of floral work
o Weddings
o Mother’s Day
o Funerals
o Baby
o Romance
o Christmas
o Special occasions and events
o Corporate designs
o Interior landscaping
• Modern, traditional and leading edge designs
• Giftware
• Cards
• Champagne, chocolates and wine

SERVICES

• Deliveries undertaken locally or nationally/internationally via Interflora
• Specialist consultations offered particularly for bridal work
• Contract work undertaken for corporate clients
• Source of advice and guidance to customers

CUSTOMERS

• Substantial database of repeat personal customers
• Many referrals received for wedding work with 120 weddings undertaken annually in Bedfordshire and adjoining counties
• Prestigious corporate clients
• Referrals from local funeral directors
• Internet based customers

SUPPLIERS

• Flowers sourced from national and international trade suppliers, including one in Spalding and also Holland
• Wholesalers
• Sundries supplied through a number of trade sources

STRENGTHS

• Very well established in the town
• Very strong wedding trade with many forward bookings for a new buyer
• Loyal repeat customer base arising from recognised service ethic
• Prestigious local contracts
• Extended shop with ample space and double frontage
• Loyal &Highly qualified staff
• Solid financial performance
• 2 excellent fully functioning websites
• Parking
• Established Interflora agency

PREMISES AND EQUIPMENT

• A large extended freehold shop with yard on 2 storeys with retail area, preparation and storage facilities, and office space
• Large double fronted window display
• External pavement display
• Light and airy retail area with quality racking, shelving and mirrors appropriate to trade
• Various preparation areas and work rooms
• WC
• Yard with cold room
• Office
• Wedding consultation room
• Kitchen
• Store
• 6 parking spaces (rented at £150 per month)
• 1 sign-written Renault Kangoo delivery van

The business is available either Freehold £345,000 +sav or Leasehold £95,000 +SAV


DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Freehold

Lease terms:

• Freehold or leasehold
• The vendors would be happy to grant a lease, if required, with terms to suit
• Rental figure would be £1,250 per month
• Rates £2,868 per annum

Location:

• Highly visible and prominent corner trading position
• Un-restricted street parking in the immediate vicinity
• Located in an area of mixed commercial/residential area and close to centre of town
• Opposite busy parade of shops including supermarket chain

Premises details:

• A large extended freehold shop with yard on 2 storeys with retail area, preparation and storage facilities, and office space
• Large double fronted window display
• External pavement display
• Light and airy retail area with quality racking, shelving and mirrors appropriate to trade
• Various preparation areas and work rooms
• WC
• Yard with cold room
• Office
• Wedding consultation room
• Kitchen
• Store
• 6 parking spaces (rented at £150 per month)
• 1 sign-written Renault Kangoo delivery van

Business Operation

Expansion potential:

• Potential for additional contract work
• Focus on margins
• Extension of geographic limits on wedding work
• Introduction of additional items for retail sale
• Business development activity including
o Loyalty schemes
o Facebook
o E mail reminder service for anniversary dates
• Sunday opening

Trading hours:

• Monday to Friday 7am to 5pm
• Saturday 8am to 4pm
• Sunday closed

Employees:

14

Years established:

34

Other information

Related documents:

• 
• Sales Particulars

• 
• EPC

Leasehold asking price:

£95,000