Hilton Smythe welcomes to the market Flowers By Sarah Jane Ltd, which was established by the current owner approximately 20 years ago. Our client is now looking to sell the florist to have a change in career path.
The florist specialises in floral displays, bouquets, tributes, chair covers for hire, vases, teddy bears, baskets, gift wrapping, balloons, gifts and party accessories. All occasions are catered for such as weddings, birthdays, funerals, christenings, new baby arrivals, as well as special occasions, thank you' s and get well soon gifts.
The business comes with its own website page, this can be found at www.shop.sarahjaneflowers.com The website is E-commerce which generates a generous amount of orders. Flowers By Sarah Jane also has a Facebook page with a rating of 4.8/5 in reviews.
There is scope to extend the shop to the lower floor as there is a vast cellar area that is not currently utilised. This could allow for an expansion in shop floor space; therefore, more stock to display.
The sale includes a fully sign written eye-catching delivery van.
Hilton Smythe highly advise early viewing to avoid disappointment.
TENUREWe are advised the business is being sold as a leasehold business opportunity.
Original lease length: 5 years.
Currently near expiration; however, the current owner has been in these premises for 15 years and always renews with a 5-year lease.
The landlord is aware that our vendor is looking to sell and willing to grant another 5-year lease to the new owner of the business.
Rent: £10,400 per annum
The business rateable value as of the VOA website is circa £10,000.
HOURSThe business opening hours:
Monday-Friday:9am - 5.30pm
Saturday:9am - 3pm
Sunday: Closed apart from Mother's Day
STAFFThe business is run and managed by our client, with the help of one full time member of staff.
FINANCIAL PROFILEFlowers by Sarah Jane generated an advised turnover of circa £143,169 as of the 2015 accounts, with a gross profit of 53%.
EXTRA NOTESThe business is being sold with a fully sign written Flowers by Sarah Jane Renault Trafic van.
Flowers by Sarah Jane is located in Lowestoft within Suffolk, on a main road alongside other businesses and restaurants. This area receives daily heavy footfall and passing trade. The property is well-signed and clearly visible to passing trade.
There is car parking to the rear and parking on the main road directly in front of the shop premises.
The double fronted shop has a large window display and is accessed directly off the street via the entrance door that leads into the shop which has wooden flooring, display shelving and units and a serving area.
Equipment includes: -
Two stainless steel work tables
Large walk in flower fridge which is glazed with an air conditioning unit
Off the main shop there are two rooms, both of which can be utilised further as meeting rooms for wedding orders etc. One of these rooms has the kitchen facilities and the other also has a door to the flower fridge. Between these rooms are the stairs which lead to the lower ground floor area.
This area is largely unused and can be utilised a lot further.
There are several storage cupboards, access to the toilet and also access to the rear of the property where there is parking.
The property is circa 126.54m2 as of the VOA website.