Asking price: £29,500

Sales revenue: £130,000

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 55 years and is now solely offered for sale due to the vendor's retirement.

Interflora Agency

Front area used for display purposes to -

ATTRACTIVE DOUBLE FRONTED PREMISES, beamed ceiling, non-slip floor, fluorescent lighting. Counter, electric cash register.

Office
Large work area
Storeroom
Staff cloakroom with w.c. and wash hand basin

Stairs to large basement, ideal for storage purposes

Employees: The business is at present operated by the vendor with the assistance of 5 part time staff. Wages paid £450 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Trading hours: Monday & Tuesday - 8 a.m. - 5.30 p.m. Wednesday - 8 a.m. - 1 p.m. Thursday, Friday & Saturday - 8 a.m. - 5.30 p.m. NO SUNDAY TRADING The business is also closed on all bank holidays

Property: Leasehold

Lease terms
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Uniform Business Rates: £4,000 p.a. approx. AS STATED THIS FLORISTS HAS BEEN IN THE SAME HANDS FOR THE PAST 55 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT. IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED

Location
Situated in a parade, sought after trading position, SURREY

Expansion potential
WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 48/50% approx.

Reasons for selling
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.