Retail – Florist – Gifts

For Sale

·
Inner West

Business Code: FN1321

$250,000
+ Estimated Stock (SAV) $5000
Key Features: Long established with over 20 years of trading history - Well known within the community with a loyal customer base - No direct competition in the immediate area - Prime location - Three-bedroom residence located upstairs, providing flexibility or additional rental income
State: NSW
Suburb: Concord
Location: This business is situated in Sydney Inner West on a high-traffic commercial road surrounded by restaurants, cafes and retail.
Premises: Ground floor retail space of approx. 80 sq .mts., Upstairs three-bedroom residence of approx. 60 sq. mts. with separate entrance
Price not disclosed

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Other venture

Sale Reason

No year data

Established

2 spaces

Parking

Operated by one owner with the assistance of three casual staff

Employees

6 days - Monday to Friday: 9 am to 6 pm.Saturday: 9 am to 2 pm

Trading Hours

Current 5 year lease commenced March 2019. + 5 year option. - Annual rent increases of 4%, One month bond required, Rent includes outgoings

Lease

Retail florist specialising in the sale of superior quality products including fresh flowers, plants, giftware, and cards. The premises are well equipped for the preparation and display of stock with shelving and counters throughout. The business sources products from the flower market three days per week and has an established reputation for supplying flowers to functions, weddings, funerals, christenings, and a variety of special occasions.

Features

Long established with over 20 years of trading history - Well known within the community with a loyal customer base - No direct competition in the immediate area - Prime location - Three-bedroom residence located upstairs, providing flexibility or additional rental income

Potential

Opportunities exist to increase revenue through securing additional weddings and major events, expanding the range of giftware, and further developing the online presence. The business would also suit a motivated operator looking to build upon an already established and well-regarded base.

Comments

Sales for 2024 exceeded $600,000, with peak trading periods such as Valentine's Day, Mother's Day, and Christmas generating over $100,000 in sales. Sales records can be verified.- The upstairs 2-bedroom residence is rented at $2,000 per month. The original rent is $9,660 per month including outgoings, with the effective rent for the business premises reduced to $7,660. -A well-established and profitable business, competitively priced and recommended for inspection. Confidentiality is required, and inspections must be arranged through the broker.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$11500
Cost of Goods
$3500
Gross Profit
$8000
Rent
$1800
Wages
$1300
Telephone
$20
Insurance
$30
Electricity
$60
Misc 1
$90
Total Expenses
$3300
Estimated Stock
(Additional)
$5000
Net Profit
$4700
Price
$250,000
+ Estimated Stock (SAV) $5000
Price
$250,000
+ Estimated Stock (SAV) $5000

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