Asking price: £40,000

Sales revenue: £104,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Outstanding opportunity to acquire an old established Florists, which has been in the same hands for the past 15 years and is now solely offered for sale due to the vendor's retirement.

SINGLE FRONTED PREMISES with tiled floor (can be open front), electronic cash register, counter, display stands.

Work area, walk-in coldroom
Staff cloakroom with w.c. and wash hand basin

Employees: The business is at present operated by a lady vendor with the assistance of 1 full time plus 2 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Trading hours: Monday - Saturday inclusive - 9.30 a.m. - 7 p.m. Sunday opening - 12 noon - 3 p.m. (optional)

Property: Leasehold

Lease terms
We understand the premises, including the self contained maisonette over, are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £22,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter. Uniform Business Rates: £3,400 p.a. approx. AS STATED THIS OLD ESTABLISHED FLORISTS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND IS NOW SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RETIREMENT. RECOMMENDED FOR EARLY INSPECTION

Living accomodation
The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, comprises: First Floor Kitchen-Toilet 2 Single Bedrooms Second Floor 3 Additional Single Bedrooms Bathroom ,w.c. and wash hand basin In add

Location
Situated in a parade, excellent main road trading position, LONDON, W

Expansion potential
WE ARE INFORMED the turnover averages £2,000/£2,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.

Reasons for selling
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.