Leasehold Florists Aylesbury Bucks For Sale - Aylesbury, Buckinghamshire, United Kingdom

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Advert Ref: 1435

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Asking price: £25,000

Sales revenue: £200,000

Fixtures value: £NaN

Inventory value: £700

Business description: The particular highlights of the business are: • The owner may be prepared to accept staggered payments for the business, enabling the buyer to pay from profits although a lump sum sale would be more favorably considered. • Ideally located concern offering excellent lifestyle. • A well established business. • Good loyal clientele. • Fully equipped business with favorable lease terms (see below). • Turnover in excess of £209,052 with a gross profit of £95,238. (See financial summary below). This is very impressive considering the credit crunch. • A business with great potential which has not been exploited because the owners have other business interests. • An easily run operation. • Good loyal well trained staff. • A good first time buyers business. Phoenix Business Transfer Agents are delighted to place onto the market this thriving florist which has been established since 2002. The business has been in the hands of the current owners since 2002 and they now wish to sell due to other business interests. This very good business opportunity provides a high quality florist and gift service and has an interflora agency. The concern employs 2 staff. 2 are full time and 3 are part time. The total wage bill is £50,000 pa. All staff would stay on after a sale. The owners’ roles are part time. The owner markets the business via the internet and the yellow pages. As far as competition is concerned there are 2 other interflora agencies in the area The client base consists of mainly private and some commercial business The concern has huge potential. In particular the turnover and profits can be increased by: • Increasing the marketing activity with direct mailings and local and internet advertising. • Becoming more efficient with staffing levels. • Working more hands on hours and saving on wages. • With an enhanced website. The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made. Property Details The property is terraced and is part of a parade of shops and is approximately 19ft x 50 ft. The front is branded with an attractive glass front. It is very well presented and is very conveniently laid out. There is a retail area which is fully racked and shelved and a large display fridge. The customer service point is to the rear. To the rear is a preparation area and a store room. There are a toilet and staff facilities. Equipment with sale All fixtures and fittings and equipment are included in the sale price and are valued at £2,000. Financial Details The present turnover is £200,000 per annum with a gross profit of 40%. The wages are £50,000 pa. The present value of the stock is £700 and the fixtures fittings and equipment are worth £2,000. In 2008, the turnover was £200,000. The potential turnover of the business within the next 2 years is forecast to reach £250,000 given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement. Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business. Trading Hours The business operates from Monday to Saturday between 9am and 5.30 pm. Tenure The original length of the lease was 10 years with 6 years remaining. The rent is £17,000 pa with a review in 1 year. The rates are £6,000. Viewings The owners are available for viewings at time after trading hours.

Years established: 7

Employees: The concern employs 2 staff

Trading hours: The business operates from Monday to Saturday between 9am and 5.30 pm.

Property : Leasehold

Lease terms: The original length of the lease was 10 years with 6 years remaining. The rent is £17,000 pa with a review in 1 year. The rates are £6,000.

Location: This superb business opportunity is situated in Aylesbury in the County o f Buckinghamshire .It is on a main arterial road and enjoys much traffic flow and there is a good foot flow of pedestrians. There is a residential area surrounding the property and it is within a commercially thriving part of the area. There is ample free parking nearby. The business is part of the town centre and has many complimentary businesses locally. The area attracts many shoppers who use the area on a daily basis and there are many local facilities including banks and many other retailers. There are also busy industrial estates nearby. The location is well linked with the local network and the railway station close by. The business has clientele from within a 10 mile radius. The locale offers a good lifestyle opportunity

Competition / Market: As far as competition is concerned there are 2 other interflora agencies in the area

Support & training: The owner would be available for a business familiarisation period of one week for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Reasons for selling: other business interests.