Business For Sale,Businesses For Sale,Florist,Gift Shop,Flowers,Gifts,Gauteng Business For Sale
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Florist and Gift Shop NEGOTIABLE
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Business For Sale


BUSINESS FOR SALE OVERVIEW


This is a great opportunity to pick up a well established Florist and Gift shop, owner has emigrated and is finding it difficult to run the business from overseas and is open to offers. Business is staffed and has a solid client base with regulars. Everything is in place just needs the right local owner to give it their personal attention.


BUSINESS SELLING DETAILS

  Selling Price     250,000   Turn Over Per Month     125,721 
  Stock Included 28,000    Profit Per Month 23,962
  Assets Included  15,000   R.O.I %  115%
  Total Price   250,000    



BUSINESS MANDATE INFORMATION
 History and Overview Of The Business
Fully describe the business's activities  The business is a Flower and Gift shop selling Flowers, Arrangements for all occasions with unique gifts to choose from. The business is well established and also has a bunch of regular clients.
When was the business established? Four and a half years
How long has the owner had the business? The owner started the business
 How Does The Business Operate
How does the business operate on a daily basis Currently the store is staff run as the owner is overseas however the owner used to run the store themselves.
How are the clients attracted to the business? The clients love the store for its products, quality and service
Very busy shopping mall
What Advertising/Marketing is carried out? Various advertising and marketing is carried out by an appointed group
Advertising in the local paper by the owner
Does the business have any contract work? Yes, they deliver flowers for the reception areas of four business every week and three residential homes weekly as well, these are on account
What competition exists? The normal competition in the industry
Seasonal Trends? Valentines day and mothers day are very busy periods and then for the rest their is nothing in particular. Every order is different and they have standard offers (bunches, vases, baskets, etc.) and sorts of flower arrangements to choose from.
 Financial Information
Vat Registered?  No
Vat Documentation on File?  Not registered
Management Accounts? Feb 2018
Audited Financials? Management figures to May 2018
What as Cash/Credit Split? Cash is more than 50%
Debtors Book Age Analisys All up to date
How can you improve the profitability? Having the owner present and in the business like the seller used to be while in the country definitely improves turnover and profitability
Then more contracts for businesses and residential
 Is Seller Finance available and if so what is it? No, seller is open to offers however
   Staffing Of the Business
What is the total number of Staff? Four, two permanent and 2 casual
Staff Breakdown 1 x Manager - runs the store, invoicing, answering emails, ordering stock, etc.
1 x Florist - Makes all the floral arrangements
1 x Casual - relief for permanent staff
1 x Driver - is part time and self employed with own vehicle delivers and is paid per order
Staff Special Perks and Bonuses?  No
Are the staff on Contract? Yes the two permanent staff members are
Does any of the staff have management potential? Yes the manger does
How involved is the Owner in running the business? Working on daily basis with the manageress on the progress of the day. Various things e.g. sales, purchases etc
  Premises Of the Business
When Does the Current Lease ends? 2021
Is there an option to renew? By negotiation with the landlord
What is the annual escalation % 9%
What are the Trading Hours? 09:00-18:00 Mon to Fri
09:00-15:00 Sat
09:00-12:00 Sun
What is the square meters? 27m²
Is a copy of the lease available? On file
Do You require a license? No
 Assets Of The Business
Full Asset List available? Asset list will be made available
 Anything not included in the sale? The air conditioning
 What is condition of the assets Good
 Any Assets on Lease/HP that Buyer needs to take over? None
 Are they insured at the moment? No
  SWOT Of The Business
 STRENGHTS Well known
Have some contracts with clients
Knowledgeable Staff in place
 WEAKNESSES Owner overseas
 OPPORTUNITIES More contracts both residential and businesses
 THREATS Economy
 Summary
Why is this a good business Since opening the seller has not looked back and the business worked well making good profits for the seller and she enjoyed the business
Business has good staff and some nice contracts, seller would focus on being involved and also building the contracts base if she had stayed.
Why is the owner selling it? Owner has immigrated


Business For Sale,Businesses For Sale,Florist,Gift Shop,Flowers,Gifts,Gauteng Business For Sale

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have viewed this page since 21 August 2018