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Licensed Independent Bespoke Florist In Canvey Island For Sale

Canvey Island, Essex, UK
Asking Price:
£49,999
Turnover:
£167,378
Net Profit:
Available on request

Licensed independent bespoke florist - Canvey Island - Occupying a highly sought-after trading position in a busy area that provides high levels of both footfall and vehicular passing trade. The business was established by our clients 28 years ago, building up a fantastic reputation over that time with a 4.9* rating on Google. The premises is very well presented throughout, with quality fixtures & fittings and is being sold with a full complement of equipment. The premises benefit from a very large flower prep area to the rear that a purchaser is unlikely to find in many other florists. Turnover on accounts show net sales of £167,378 for the most recent year end period with a high gross profit margin of 65% and a very strong reconstituted net profit of approximately £83,000. There is huge potential to further increase the turnover and profitability of the business by extending the trading days and hours as our client currently only opens 9 am to 3 pm 4 days a week and 9 am to 12 pm 2 days a week. New lease available for a term to be agreed at a commencing rental of £18,000 per annum exclusive. Zero business rates payable. E-commerce website with a customer database of 3,450 growing daily. 1,400+ Facebook followers. Early viewing advised to avoid disappointment.

Property Information

Property:

Leasehold

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