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Distinguished Florist In Driffield For Sale

Driffield, East Riding of Yorkshire
Asking Price:
£34,995 Furniture / Fixtures included
Turnover:
£57,000
Net Profit:
£15,000

High Street Location
Annual Turnover 57,000
Gross Profit £25,000
Retirement Sale
Low Rent of £91 Per Week
EPC - G

REF 5555 – FLOWERSTYLE

Blacks Brokers are proud to bring to the market this leasehold florists in the much sought after area of Driffield, East Riding of Yorkshire.

INTRODUCTION

Flowerstyle has been established since 2009 moving from a garden centre to this location in 2014. Flowerstyle’s flowers are sourced both locally and from abroad, only of the highest quality. Once the flowers arrive in the shop they are conditioned and placed in the flora cool chiller keeping them in a temperature controlled environment adding another 5 days to their vase life. Flowerstyle are the only florist in the area to do this.

LOCATION

Driffield, also known as Great Driffield, is a market town and civil parish in the East Riding of Yorkshire. The business is accessible via the B1249 and the A614.

REASON FOR SALE

The business is being offered for sale due to our clients wish to retire creating this superb opportunity to obtain this long established florists.

LEASE

The business is held on a Full Repair and Insure lease (FRI). The current lease started in 2012 and is 5 years in length. There are rent reviews every 3 years and the rent is currently £4,750 per annum.

BUILDING LAYOUT AND DESIGN

Flowerstyle is a terraced building located on a busy parade of local shops. The single fronted shop has stunning displays in the window and the signage is bright and colourful.
Inside, the business is well presented with the flora cool chiller on the right of the entrance. The business is split over 2 levels with the customer area at the entrance and the counter and preparation area a few steps above with a sink and toilet facility to the rear of the business. Upstairs there are two large store rooms.

STAFF

The business currently ran by our client.

FINANCIAL DETAILS

Financial details are available upon viewing the business. Flowerstyle currently generates an annual turnover of £57,046 with a gross profit of 44%. This is a sound investment for any new owner.

SUMMARY

Flowerstyle offers a solid and consistent business opportunity and it delivers impressive weekly takings. There is potential to increase the turnover by using a more structured advertising and marketing scheme and offering promotional events. This an ideal opportunity for an existing company to expand their current portfolio or an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Company vehicle included in the sale. Early viewings are strongly advised.

Property information

Property:

Leasehold

Business Operation

Trading hours:

MON: 09:00 - 17:00
TUE: 10:00 - 17:00
WED: 09:00 - 17:00
THU: 09:00 - 17:00
FRI: 09:00 - 17:00
SAT: 09:00 - 13:00
SUN: CLOSED

Contact Information

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  1. What will I happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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