Summary
This Florist is a 45 year old business, current owner for 20 years. Asking price 120k. An opportunity to aquire a well established Florist.
Revenue
$30,000 pm
Rent
$4,400 pm
Expenses
$10,000 pm
Net Profit
$15,600 pm
Location Details
The shop is on Brunswick street. There is ample parking at front of shop with side street parking. High flow traffic, attracting passing customers consistently. This business is well positioned in a very busy and viberante street setting.
Potential
The purchaser can expand the corporate and wedding operations. The website has a lot more potential too to radically increase profits. Social media has much room for expansion.
Skills
Floral skills would be an advantage but not essential. There are currently two part time florists assisting the owner. The owner currently does buying from market and Staff serve and complete deliveries. A course in Floristry would be advised although similar previous skills may be advantageous.
Hours
Mon 8:30am-5:00pm
Tues & Thursday 7:30am-5:00pm
Wedy & Friday 8:00am-5:00pm
Sat 7:30am-5:00pm
Sun 8:00am-4:00pm
Lease
4 + 4 years
Employees
2
Reason for Sale
Owner wishes to retire soon
About the Business
This business is an independent boutique florist on Brunswick Street in the heart of Fitzroy, Melbourne. They're known for creative floral designs and personalised service, crafting fresh, handmade arrangements for occasions like birthdays, anniversaries, weddings, corporate events, sympathy tributes, and everyday gifting. They use high-quality seasonal blooms and offer indoor plants, gift baskets, toys, balloons, and other gifts. They also provide reliable local flower delivery across Fitzroy and nearby Melbourne suburbs. They focus on detail and friendly professional service, aiming to make every arrangement memorable. Most sales are for budget minded customers although there is plenty of scope to increase the more expensive arrangments for higher profit.
History
Situated on Brunswick Street, The Florist is part of one of Melbourne's best-known shopping and cultural precincts. Fitzroy, established in 1839, is Melbourne's oldest suburb and has long been recognised for its Victorian architecture, artistic community, independent retailers, cafés, galleries, and creative businesses. Over the years, the suburb has evolved from a working-class neighbourhood into one of Melbourne's most vibrant cultural destinations, making it a fitting home for independent businesses.
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