CoGoGo is delighted to present to the market a beautifully presented florist business with over 29 years of goodwill. Our client is now selling the business due to retirement.
The much-loved business will come with a full business handover to ensure the smooth transition from the existing owner to someone new.
The business is split between walk-in trade, regulars, deliveries and business accounts. Our client offers flowers for all occasions from weddings, anniversaries, mothers’ days, valentines, births and funerals with acclaim for her funeral arrangements.
Our client offers a full range of fresh flowers, seasonal plants, small birthday gifts, gift cards, balloons and planters.
Some of the key business accounts include several nursing homes and a BMW garage who all make order payments via bacs on a monthly basis.
Our client advises the business is split:
30% walk-in customers.
20% from ‘E Florist’ orders.
40% from own website orders.
10% from contract customers.
We believe there is further potential to develop the orders via the florist’s own website as well as increase the presence on social media.
The business recently featured in an article to celebrate the longevity and success of over 30 years, this was also published on various other advertising platforms.
Our client admits the business is now run to suit and any new owner would benefit from extending the hours as well increase advertising.
Financial Profile
As of the 2021 accounts the business generated a turnover of £66,178 with an adjusted net profit of £14,575.
