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Business for sale in United Kingdom - 7076ox oxfordshire l/h 25,000 floral sundries wholesaler

Asking Price: 25,000 £ Real Estate: Lease
Business for sale – 7076ox oxfordshire l/h£25,000 floral sundries wholesaler
Sales Revenue: 1 £
Net Profit: 1 £
Year Established: 1996
Employees: 1FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Oxfordshire/Oxford

Business types:

Retail

Business categories:

Florists

Business description

Advent Business Sales have been instructed to offer for sale this well established business that has been trading for almost 22 years, with the current vendor in ownership for the last 12. The owner is now offering a genuine business due to a need to retire, together with a database of approximately 5000 clients of whom 1000 are currently active. The business operates as a cash and carry together with some deliveries for which an additional charge is made. All customers pay on receipt of goods. Our client specialises in supplying high street florists with floral sundries. The vendor has extensive stock in the region of 50,000 at cost and parking facilities for 10 to 12 cars. STAFF The business employs 1 full time staff member together with the vendor TRADING HOURS Mon Wed: 9am 5pm Thurs: 9am 7pm Fri: 9am 5pm Sat: closed Sun: occasionally EXPANSION POTENTIAL Due to our clients imminent retirement he has not expanded the business. He informs us that potential exists in the following areas: Van sales and deliveries Providing credit card facilities Mail shot to all 5000 clients Developing a web site and internet marketing. FINANCIAL INFORMATION We have been advised by the vendor of the following: July 2005 accounts: 99,185 (ex VAT) Gross Profit: 37,431 Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES The vendor works from a warehouse style premises with extensive racking and shelving and informs us that the area is approximately 5,000 sq ft. Ground Floor Storage area Offices W/c This is a serious and genuine opportunity and must be viewed in order to avoid disappointment. TENURE: Leasehold Current Lease: 10 years Lease Remaining: 3 years Review every: 5 years Annual Rent: 16,500 We are advised that the annual business rates are currently: 6,800

Additional information

Additional information: download
Support & training: Not Disclosed
Reasons for selling: business due to a need to retire,
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Leasehold Current Lease: 10 years Lease Remaining: 3 years Review every: 5 years Annual Rent: £16,500 We are advised that the annual business rates are currently: £6,800
Location: Our client is located in Ambrosden, Bicester in Oxfordshire. The business is fully relocatable if need be as our client services over 1000 regular florists within the region.

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