Hilton Smythe welcomes to the market Gem's Stems Florist. The business is a family run florist, established by our client in 2005. Our client now looks to sell the business, due to the desire to take a well-deserved retirement. The florist is well-known in this location and boasts an enviable reputation.
The business specialises in the sale of bouquets, arrangements and baskets, sympathy tributes as well as offering general floristry services. Our client prides themselves in giving a friendly professional floristry service using only the best quality flowers.
Gem's Stems Florist generated an advised turnover of around £188,000 as of the 2016 accounts. This is a healthy turnover; however, there is huge scope to increase this figure. Our client has run the florist at a steady pace and so, with a hands-on purchaser looking to work full time at the store, wage bills can be reduced.
The property boasts minimal running costs with low rent and currently no business rates. The store is also perfectly positioned in a busy shopping street with little or no competition locally. Free parking behind both for staff and customers.
The business has an e-commerce website, this can be found at www.gemsstems.com. The site is easy to use and looks highly professional. Gem's also has a Facebook page, this is regularly updated and boasts over 200 followers. Social media is a great cost effective way to market a business.
This is a fantastic opportunity that would be ideal for a husband and wife team or partnership. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
TENUREWe are advised the business is being sold as a Leasehold business opportunity.
Original lease length: 12 years
Remaining lease length: 5 years
Rent: £8,500 per annum
HOURSThe business opening hours:
Monday - Friday: 9am - 5pm
Saturday:9am - 4:30pm
STAFFThe business is run and managed by our client, with the help of one full time and two part time members of staff.
FINANCIAL PROFILEGem's Stems Florist generated an advised turnover of around £188,000 as of the 2016 accounts.
Gem's Stems Florist is located in Evesham, Worcestershire.
The business is situated in Bengeworth a five-minute walk across the River Avon bridge from the town centre. Port Street is a busy area of town with many independent shops and loads of footfall and passing trade
Evesham is a market town in the Wychavon district of Worcestershire and is situated roughly between Worcester, Cheltenham and Stratford Upon Avon.
Evesham is at the junction of the A46 and A44 trunk roads. The railway station is a short drive away and is on the Cotswold line from Oxford to Worcester, Great Malvern and Hereford. There are trains every 59 minutes or so to London Paddington and Birmingham.
Gem's Stems Florist is situated in a period building, double fronted terrace. The business is well signed, immaculately presented and maintained.
Large windows and glazed door to front creating a light airy interior. This space has a tiled floor, fluorescent lighting, plinth shelving for the display of flowers in vases, bespoke counter with till and generous wrapping area, leather effect chairs in a customer seating area, carousel card racking and perimeter shelving. Window display area to each side of the front door.
Behind the main shop is an office with desk area and perimeter shelving.
Rear preparation area
Door leading to rear carpark. This area has a Belfast sink, base units with cupboard and worktop above and a generous run of wall mounted work tops.
Cool room for the storage of prepared bouquets.
The first floor is accessed by an open tread staircase. This is a store room currently used for the storage of light goods.
The business includes all equipment and as part of the lease also includes at least two car parking spaces at the back of the shop, along with a free car park for customer use only, customers can enter the business via the back door.
Low rent and no business rates currently.