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Established Florist For Sale In North London

London, UK
Asking Price:
£160,000 Furniture / Fixtures included
Turnover:
£200K - £500K
Net Profit:
On request

Established and well-regarded florist and wedding/event flower business with a strong trading history, loyal customer base and excellent reputation for quality, service and value.
The business benefits from an established high-street location in North London, with a long lease remaining and attractive monthly rent for the area. It serves both local customers and a much wider client base across London, Hertfordshire, Buckinghamshire and surrounding areas.
The business has developed a particularly strong wedding and events division, providing bridal bouquets, bridesmaid flowers, buttonholes, table arrangements, venue decoration, floral arches, staircase flowers, candles and complete event set-ups. It has worked at a variety of prestigious wedding and event venues and has secured bookings extending into the following year.
Annual turnover has historically reached approximately £200,000–£250,000, demonstrating the scale already achieved by the business. There is also considerable potential for a new owner to further develop profitability, online sales, corporate work, weddings, subscriptions, workshops and additional complementary services.
The sale includes the benefit of an established trading operation, existing customer relationships, supplier connections, equipment, fixtures and fittings associated with the business, together with the goodwill that has been built over many years.
The business has accumulated numerous excellent customer reviews, with particular praise for the quality of the flowers, professional service, reliability, flexibility and ability to manage important weddings and events.
A major advantage is that the business is already operational and recognised, allowing a purchaser to take over an established concern rather than starting a florist business from the beginning.
This would suit an experienced florist, wedding or events professional, an existing flower company wishing to expand into North London, or an entrepreneur looking for an established business with significant further growth potential.
The business is being offered for sale due to the owner's decision to pursue other projects and opportunities.

Property Information

Property:

Leasehold

Lease Terms:

10 years

Leasehold Rent:

£20,000 per annum

Living Accommodation:

n/a

Location:

High Street based

Premises Details:

Spacious premises with the storage

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

expansion and growth

Competition / Market:

no competition in area

Reasons for selling:

getting new ideas,retirement

Trading hours:

9 - 18, Mon - Sat

Employees:
2
Years established:
50 +

Other Information

Support & training:

yes

Furniture / Fixtures value:
£10,000 - included in the asking price
Relocatable:
This business can be relocated