For Sale

Beautifully Presented Florist In Lovely Village

Birmingham, West Midlands

£69,950 +SAV

Ref: B04445

Contact sales negotiator

Jessica Aspinall

01204556307

Email Jessica Aspinall

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Description

Hilton Smythe welcomes to the market, Oasis Flowers and Balloons.

There has been a Florist at this site for over 40 years and the current owners have run it successfully and lucratively for the last 20. The business is now being sold, albeit reluctantly only due to one of the owners wishing to take a well-earned retirement.

Oasis Flowers and Balloons is a family run Florist that prides itself on creating a range of stunning floral designs to suit any individual taste from traditional to contemporary to something a little wackier!

The business offers a comprehensive range of;

• Wedding flowers
• Funeral and sympathy flowers
• Corporate flowers
• Birthday flowers
• New Baby flowers and gifts
• Get well flowers
• Congratulations flowers
• Plants and planters
• Floral table centrepieces
• International flowers
• Presentation bouquets
• Debs Corsages and flowers
• Silk flowers
• Chocolates
• Gifts
• Balloons
• Oil paintings.

Most of the flowers sold at Oasis Flowers and Balloons come direct from Holland using top quality suppliers and packers.

The business has recently introduced subscription flowers which can be purchased as a gift or simply to replace those supermarket bunches every week and can be delivered or collected from the shop.

The sale will include the company e commerce website and the business enjoys great visibility on the internet.

The business has an impressive number of regular customers many of whom are known by the current owners who are popular and well-respected members of the local community.

Scope to Improve:

• Advertising and marketing campaign
• Maximise the use of social media
• Extend the opening hours
• Attend wedding fairs
• Introduce a customer loyalty card/ scheme
• Explore online discounters such Groupon and Wowcher.

Reasons to buy:

• A well-established business with an enviable reputation and many regular customers
• Low running costs with inexpensive rent and no business rates
• Ideal owner managed or partnership business
• Current owners happy to offer a handover to ensure the continued success
• A real Lifestyle business offering the opportunity to work in the lovely village of Barnt Green
• Little or no competition locally
• Ideal trading position in the main shopping area.

Hilton Smythe highly advise early to avoid disappointment. This business is likely to attract considerable interest.

Tenure

Leasehold

We are advised that Oasis Flowers and Balloons is being sold as a Leasehold business opportunity.

The existing 5-year lease has approximately 3 years remaining, and we are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The rent is a very reasonable £6730 Per Annum.

We are advised that the business benefits from being exempt from business rates.

Hours

Monday 9am – 1pm
Tuesday 9am – 5 pm
Wednesday 9am – 5pm
Thursday 9am – 5pm
Friday 9am – 5pm
Saturday 9am - 3.30pm
Sunday Closed

Staff

The business is run and managed by our clients with the help of one full time and one part time member of staff.

Financial Profile

Oasis Flowers and Balloons generates an advised turnover of circa £135,000 Per Annum.

Location

Oasis Flowers and Balloons is Located in Barnt Green in Worcestershire.

Barnt Green is a village and civil parish in the Bromsgrove District of Worcestershire and is approximately 10 miles south of Birmingham City Centre.

Barnt Green is predominantly a residential area and much of its development occurred between the World Wars with very many houses built between the 1940’s and 1970’s.

The village is very salubrious and sought after and houses here are higher than the average.

Barnt Green Railway Station is on the Cross-City line and the Birmingham to Worcester via Bromsgrove line. The area is close to junctions on the M5 and M42 motorway, as well as the nearby A38. In the centre of the village is a linear shopping street and small park.

Oasis Flowers and Balloons is ideally situated in the main shopping area alongside other complimentary retail businesses most of which are independents and thus benefits from high levels of footfall and passing trade.

The business is beautifully presented and maintained with clear visible signage. There is free on street parking immediately outside the premises and further along the road.

Premises

The business occupies the ground floor of an end terraced retail unit and briefly comprises;

Shop:

Bay window and glazed door to front creating a light, airy and inviting interior. Nicely presented shop that has been cleverly designed to maximise the space available, tile effect vinyl flooring, window display area, plinths at different levels with vases to display cut flowers, perimeter shelving and wall hanging space, greeting card racking, multi coloured drawer unit, pine dresser, freestanding glass display unit, bespoke counter with till, card machine and wrapping area.

Flower Room:

A generous Room with door and two windows to side allowing plenty of natural light to flood in, fluorescent lighting, range of base units topped with a generous run of useful worktop, ceiling hooks.

WC:

There is a staff cloakroom with close coupled toilet and hand wash basin with Triton water heater.

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