Florist. 5 days - no weekends! First time business offered for sale.

12 days ago

Location:
Sydney Olympic Park 2127 > Sydney - Greater > New South Wales

Investment level:
$150,000 (Negotiable)

Type:
Business

Industry:
Retail > Gifts & Florists > Florists

Private Seller

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Summary

Retail florist and gift shop established for 10 years with a great reputation and regular corporate and local clients situated in the rapidly growing suburb of Sydney Olympic Park.

Revenue

$7,800 pw

Rent

$967 pw

Location Details

Conveniently located opposite train station, buses and a short 5 minute drive to the Sydney Flower Markets and major sundries warehouses, nestled amongst cafes, restaurants, businesses, hotels, residential towers and major sports and events venues.

Potential

This is a prime opportunity for someone with passion and enthusiasm to take business to the next level in a growing precinct. Nearby residential towers and food and entertainment hubs are under construction and only last year a Masterplan was approved which includes a light rail station and new housing. SOP is maturing into one of Sydney’s most dynamic places to live work and play.
There is an opportunity to work weekends and host floral arrangement workshops (further increase revenue) and reduce wages (current owner works part time).

Hours

Monday to Friday 8-6pm (with opportunity to open weekends).

Lease

Current lease expires Feb 2021 with options for renewal to be agreed prior to purchase.

Employees

Shop is managed by owner (25 hours/week) and 2 part-time staff.

Reason for Sale

The shop is for sale due to family commitments.

About the Business

80 square meters of well proportioned, airconditioned premises with high ceilings and plenty of natural light. Premises are well equipped for the preparation and display of floral and gift products with shelving, counters, workstations and a large cool room.

There is also a classroom at the back of the store that is perfect for large scale events and floral workshops/classes as the fitout has been designed to hold workshops in the back of the shop without disrupting normal trade.

History

Original owner established business in 2008.

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