Leasehold Florist in Busy Shopping Centre – Brisbane QLD

$ 200,000
Price: $200,000 + SAV

Description

Turnover 2018/19: $410k + $29k commissions

Established by the current owner 7 years ago, this busy Florist business is located in a prime position in a very busy major shopping centre with excellent traffic flow.

Surrounded by affluent suburbs, the business turned over $233k +$13k commissions from 1 July – 31 Dec 2019 ($198k & $12k 2018) , with the next 6 months of the FY including Valentine’s Day and Mother’s Day – both major peak trading periods.

Business highlights:

  • The main income comes from Shopping Centre foot traffic with some corporate work from in-centre retailers
  • Other products include wedding and event flowers and displays, special occasion florals (birthdays, anniversaries, new baby etc) plus a Delivery Service
  • Increased growth in sales figures since relocation and new fit-out 18 months ago
  • The lease includes a 25m2 kiosk with an additional back-of-house area of 30m2, including a large cool-room
  • Currently 18 months into a 5-year lease
  • Sales includes near-new shop fit-out, fixtures and fittings, cool-room and flower fridge, phone, POS and more
  • Member of Interflora
  • No special licenses required; however, floristry skills required by staff
  • Training period by negotiation
  • Limited competition – Coles/ Woolworths sell flowers but do not offer a full florist/ delivery service
  • Owner selling to focus on their other store

Price: $200,000 + SAV

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