CoGoGo is delighted to welcome to the market this well established and popular florist business, which is ideally located within the town of Stranraer, Dumfries & Galloway.
The business was originally established in the 1980s and has been in our client’s careful ownership since 2006. Only now is the business being offered to the market due to our client’s family commitments. The business currently operates 5½ days per week and generates a turnover in the region of £118,000 per annum, with a gross profit of approximately 50%.
Our client offers a wide variety of bouquets and floral arrangements for every occasion, wedding flowers, decorations for hire, sympathy flowers and floral tributes. The florist also undertakes contract work, with several local businesses, where they hire out plants and tend to them on a regular basis. As a registered eflorist, the business offers flowers for local, national and international delivery.
The business has built up an enviable reputation within the area for the high quality of the goods and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent services offered. The business already has an excellent and informative website in place at www.andreas--------.--.--.
This is an excellent opportunity to acquire a well-established and popular florist business in a prime trading location; therefore, early viewing must come highly recommended to avoid disappointment.
Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £118,022, . Full financials can be made available upon further request.
