This long running (25 years) B2B Florist retains some unique as well as high profile business customers, who are very loyal, ensuring ongoing profits at a 19% Net Profit % on All Sales.
Already some interested parties, so act quickly!
- Asking Price:
- R950,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R1,935,371
- Cash Flow:
- R365,444
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Month to month, has been so for several years. No risk, as no meaningful retail trade - all B2B.
- Leasehold Rent:
-
R113,715 per annum
- Location:
-
Workshop is located in a central business area - focus is on B2B so little focus on the retail side.
- Premises Details:
-
125 m2 for the workshop, including a 27m2 refridgerated room.
Business Operation
- Expansion Potential:
-
- Create online store, and market more aggressively to Event organisers
- Create subscription model, leveraging existing delivery capabilities, for annuity income
- Competition / Market:
-
Whilst there are several Florists in Cape Town, this business has some exclusive relationships that will not change under new ownership, provided that the existing high standards are maintained.
- Reasons for selling:
-
Owner wishes to pursue other interests, as she has held the business for 13 years, including the difficulty of the Covid period. The business is now restored to pre-Covid levels, and a fresh Owner Operator with artistic flair and a good sense for business will thrive, due to current and ongoing growth in the industries that the loayl business customers are based in, primarily tourism and events.
- Trading hours:
-
8am to 4:30pm every weekday.
- Employees:
- 4
- Years established:
- 25
Other Information
- Support & training:
-
Proper hand-over from Seller.
- Furniture / Fixtures value:
- R227,750 - included in the asking price
- Inventory / Stock value:
- R40,000 - included in the asking price
- Relocatable:
- This business can be relocated.
