Most Attractive Retail Florist in Tyne and Wear For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Tyne And Wear.

Turnover £ 4,000
Price £99,500

Features

Very Profitable Retail Florist

£60,000 NET PROFIT
6 DAYS OPENING
ESTABLISHED 2005

DOUBLE FRONTED PREMISES in the region of 400 ft² WITH CANOPY, wood strip floor, suspended ceiling with spot lights, sales counter, cash register, 2 flower stands, shelving, etc

Work Room.
Kitchen.
Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 35% approx. (Direct sales only)

Sales Year Ending 30th September 2025 show sales of £215,830 with a gross profit of £118,620 and a NET profit of £43,284 + £15,000

Staff

The business is at present operated by the vendor with the assistance of 5 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 9am - 4.30pm
SATURDAY 9am - 4pm

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Outside

Small covered Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £9,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote