Under Offer
Extremely well established florist for sale
Southam, Warwickshire
- Asking Price: £54,995
-
Turnover:
We are advised as per the 2022 accounts, the business generated a turnover in the region of £180,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07366
Hilton Smythe are delighted to welcome to the market Jacqueline The Florist, a highly rated and well respected Florist business in Southam.
The business was first established over 60 years ago, with our client taking over in 2010. They've built up an excellent reputation and loyal client base over that time. As seen by the online ratings and reviews, the business is extremely popular within the local area.
Jacqueline The Florist has now come to the open market due to our clients desire to retire.
Jacqueline The Florist caters for a variety of floral occasions:
- Weddings - Individually designed to your own requirements.
- Funeral tributes sympathetically handled and created with care.
- A wide range of gift bouquets, arrangements, hand tied aqua packs.
- Additional items to compliment your order include a large selection of vases and planters as well as glassware, silk flowers, handmade Belgian chocolates, greeting cards.
Key selling points -
- Established for over 60 years in a busy market town
- Recently refurbished shop space
- Only flower shop in town with two funeral directors and wedding venue
- Free on street parking in town centre
- Very loyal customer base
- Business web site
- Extend current opening hours (open Sundays)
- Wedding work
- Social media presence
We are advised that the business is run and managed by our client, with the help of 3 part-time members of staff.
The current trading hours are -
Monday to Friday – 9:00am - 5:30pm
Saturday – 9:00am – 5:00pm
Sunday - Closed
Jacqueline The Florist is located on Market Hill in Southam.
The business occupies a highly desirable trading location, receiving high levels of footfall and passing trade.
Ground floor Unit -
- Recently refurbished shop unit
- Spacious work room, store room/kitchen area and rear access to yard conditioned shop with cctv in shop and rear yard area
Tenure
We are advised that the business is being sold on a Leasehold basis. We are advised as our client owns the freehold, a mutually accepted lease is to be negotiated with the new buyer. The rent is £13,000 per annum.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
