AH148-Fulham/Chelsea-£290,000-Floristry Retailer of Fresh Flowers

Fulham/Chelsea - London, United Kingdom

AH148-Fulham/Chelsea-£290,000-Floristry Retailer of Fresh Flowers

Asking Price:$361,226

Cash Flow:$370,870

Gross Revenue:$728,681

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2005

AH148-Fulham/Chelsea-£290,000-Floristry Retailer of Fresh Flowers

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Business Description

High End Floristry Retailer of Fresh Flowers for Weddings and Corporate Occasions
Ref. AH148
Location : Fulham/Chelsea - London
Asking Price : £290,000
Located in a prosperous part of London this chic upmarket florist supplies predominantly wealthy clientele and top end commercial clients with creative designs weddings and corporate occasions

Established by the vendor is 2005, the florist is not open to passing trade, even though it has a superb position on a main road in London. Contracts and accounts are held with both private and commercial clients to supply floristry designs on a regular basis.

Memorable top quality flower and plant arrangements are supplied on either a daily or weekly basis to various top companies, establishing the right balance between the decor of a particular establishment to suit the taste of the clients.

The profitability of the business is gained from supplying affluent clients with all types of floral artistry that includes luxury hand tied wedding bouquets and floral centrepieces, a complete floral design service that is both distinctive and elegant.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
04
Facilities:
The premises are perfectly situated on a major road in an affluent area. The stylish premises in Chelsea/Fulham and predominantly located and comprise of a generous sized shop with enough room for excellent displays plus a large basement. Leasehold on a 12 year lease commenced in 2006 with a right to renew under the LTA. Annual rent is £18,000 with rates of £6,600.
Competition:
The business has an excellent company website to highlight the floristry arrangements on offer. There are no proactive sales or marketing activities undertaken with orders secured by accounts, recommendation and referral. The unrivalled reputation of the business ensures that it is recognised by the most affluent of clients. The business has an informative website which highlights the top quality floral displays for different occasions.
Support & Training:
Support and training will be provided for a negotiated period of time to ensure continuity of trading.
Reason for Selling:
The business is now for sale due to family commitments and semi-retirement.

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Reeta Verma

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Reeta Verma

Turner Butler

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