Summary
A profitable and scalable florist located in a fast-growing Northside Brisbane suburb, offering an established customer base, strong brand presence and significant opportunities for future growth.
Revenue
$400,000 pa
Location Details
Located in a sought-after and rapidly developing Northside Brisbane suburb, the business occupies a prominent position on a high-traffic main road with excellent visibility, signage and flags.
Potential
Significant opportunities exist to grow the business further, including:
- Extend Saturday trading and/or move towards 7-day trading
- Expand the existing floral workshops
- Grow the weddings and events side of the business
- Further develop the established website and online sales
- Expand the second website
- Add cake and coffee sales, with this use already approved on the lease
- Make greater use of the studio space
- Continue developing the corporate and local customer base
Skills
Suitable for an experienced or partially experienced florist, an existing florist looking to expand their market, or an investor with strong business acumen.
For an investor, the current owner is willing to remain as a manager or worker during the transition. The existing team is also willing to stay, providing continuity for the new owner.
Hours
Winter: Monday-Friday 8:15am-5:00pm; Saturday 9:00am–12:00pm
Summer: Mon-Fri 8:00am-5:00pm & extended Saturday trading
Lease
Approximately 4.5 years remaining, including a 3-year option.
Employees
2 x casual employees, with the existing team willing to remain with the business.
Reason for Sale
The owner is looking to leave self-employment and return to employment.
About the Business
Established and thoughtfully developed as an eco-friendly florist, the business has built a strong and loyal customer base and continues to experience growth of more than 20%.
Services include everyday florals, weddings, events, funerals, floral workshops and overseas floral delivery. The business has a strong online presence and excellent Google review ranking.
The approximately 110m² premises provide plenty of room to operate and expand, including a dedicated cold room and studio space at the rear, as well as additional studio space within the shop.
With established systems, multiple revenue streams and significant room for growth, the business can be continued as an established operation or further scaled by a new owner.
History
Established by a creative sole owner in 2022 with a 9-year lease, the business has achieved steady and consistent growth while building a strong foundation for future expansion.
The business has achieved turnover of more than $360,000 and is on track to reach approximately $400,000 this financial year.
This is an excellent opportunity for an experienced florist, existing florist looking to expand, couple or investor seeking an established business with strong foundations and multiple avenues for future growth.
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