Asking price: £24,000

Sales revenue: £60,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Excellent West Midlands Leasehold Florists For Sale
Advised turnover £60,000 PA with good GP profit returns
Early interest and viewing is highly recommended
Very well presented and well appointed shop
Located in a high footfall location in Coventry
Ideal lifestyle change or starter business
Scope for further development
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this excellent leasehold florist which was first established by our client in 1991. The only reason this business is being offered to the market is due to her strong desire for retirement. The business which is run and managed by our client achieves a very respectful advised annual turnover of £60,000 which is derived from the sale of a fine selection of fresh flowers and associated goods to a wide range of customers throughout the year. The business is very well known locally and is referred to by many as the first place to visit for all floristry needs. The florists have always enjoyed excellent levels of repeat trade with many of the regular customers placing orders for several years. The business also sees a healthy amount of new customers derived from good word of mouth recommendations from happy customers and from the good footfall of the business location. The florist is well appointed and well presented throughout which is a big plus for a new owner as additional funds will not need to be spent in the nearby future. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest and viewing in this charming florists.

Property: Leasehold

Lease terms
Leasehold - Original length: 6 years Remaining: 3 years, Rent: £4,250pa

Living accomodation
Well presented florists with large glass front giving 2 large advertising window spaces, breifly comprising: GROUND FLOOR - Main arcade through way location, Fully glass fronted shop giving excellent advertising space and large window displays with front retail display area, advertising board display and secure central entrance leading to an open plan florist area comprising of:- Wall shelving and product displays, large stepped fresh flower displays, additional displays for vases, fancy goods ect, fitted serving counter, glass fronted display cabinet, counter displays for cards, balloons, soft toys, wrappings ect, small storage space under counter, wall fixed paper and ribbon displays. Rear private area - Small office space with phone system and work space, storage space with shelving, wash basin and drainer and toilet with wash basin. EXTERNAL - Close by rear communal parking facilities and outside florists display space

Location
This excellent florist has an ideal location situated on a busy main through road in Coventry. The business is located in a well presented shopping arcade with some very busy neighbouring commercial businesses and retailers with a major supermarket close by. The road sees a mass of motorists and public transport users on a daily basis which gives the business an endless supply of passing trade throughout the year. The neighbouring area offers a fine display of luxury residential homes and commercial businesses which in turn supplies a consistent local trade within a short travelling distance. Coventry has become a hugely popular business and residential area due to its excellent shopping facilities, good schools, NHS services, fine housing, and friendly local community. Coventry benefits from having many attractions and facilities close by including Birmingham International Airport (approximately 10 miles) The National Exhibition Centre (approximately 9 miles) and the Belfry Golf Club (approximately 19 miles). Coventry is also ideally situated on the UK motorway network with the M6 being less than 5 miles away and connecting to the M42 and M40 travelling and commuting is very easy.