Property Information
Address:
Coventry, West Midlands
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH499458
Property Ref/Agent: 2683-popular-florist-business-with-extremely-low-rent-in-coventry-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe are delighted to welcome to the market this very busy and popular florist business in Coventry, West Midlands.
The business was originally established in 1958 and has been in our client's careful ownership since 1996. Only now is the business being offered to the market due to our client's desire to concentrate on other interests. The business operates 6 days per week and generates a turnover in the region of 60,000 per annum, with a good gross profit.
Our client offers a range of high quality flowers for all occasions both locally, nationally and internationally. Our client has experience in both contemporary and traditional designs for any occasion including birthdays, anniversaries and weddings, as well as tributes and sympathy flowers for funerals. The business is also an agent for E florist flower deliveries and are sought after by TV companies and celebrities.
The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel the turnover could be increased by embarking on a modest marketing campaign to promote the goods and services offered. A new owner could also develop the corporate side of the business to provide workplace flower arrangements etc. There is already a very informative website in place to advertise the business at . Any new owner could also expand the business and trade as a greengrocer as well as a florist, the shop can also sell fruit and veg. The landlord has given permission for this .
The sale includes a number of lucrative contracts including the Heart of England Events and Conference Centre, Jaguar, Akhbans Indian Restaurant, Aqua Food and Mood and the Oceana Restaurant.
We are advised the premises is on a rolling lease, which has security as the landlord has to buy out the vendor to take the property back.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.TENUREWe are advised the premises is on a rolling lease, which has security as the landlord has to buy out the vendor to take the property back.
Rent: 4,487 per annumHOURSThe business is open:
Monday - Wednesday: 7.00am - 5.30pm
Thursday: 7.00am - 3.00pm
Friday - Saturday: 7.00am - 5.30pm
Sunday: ClosedSTAFFThe business is owner run and managed with 1 x full time staff member.FINANCIAL PROFILEThe business generates a turnover in the region of 60,000 per annum, with a good gross profit.
;