Internal Ref: R2505N
Summary
Rare golden opportunity to acquire a well established diversified 2 businesses in 1 retail & wholesale stone products, artificial flowers, plants & wedding & events business located NOR in Perth.
Location Details
Located on a busy street north of the river. 20 mins away from Perth CBD. Ample parking available. Fantastic street exposure and passing traffic. A long term lease of the existing premises can be negotiated with the current owners.
Potential
Opportunity to expand the business by further developing opportunities with weddings, events & corporate function product hire. Further grow online sales by diversifying the product mix and introducing new products such as stone ornaments, statues and furniture. Build on the already outstanding reputation this business enjoys. Opportunity to extend your trading hours by opening until 5:30pm and on Sundays.
Skills
A flair for creativity & design will see you thrive in this business. An eye for colours & textures and a love of working with people are very important. Floristry or flower arrangement would be beneficial but not essential as you can easily hire staff and training will be provided at handover
Hours
Currently trades 6 days per week. Monday to Friday 9am to 4pm & Saturday 10am to 4pm. No restriction on trading hours
Lease
A long term lease of the existing premises can be negotiated with the current owners. 5+5
Employees
Currently 3 full time business partners working in the business.
Reason for Sale
Operating a business successfully for 15 years is a significant accomplishment. It's wise to consider this a milestone and move towards the next chapter, potentially exploring new opportunities or focusing on personal goals and spending more time with families. This decision can be framed as a new beginning rather than an end.
About the Business
Walk in and take over a fully equipped business operating with a retail & wholesale showroom and warehouse and with a very popular ecommerce presence doing online sales both within WA and interstate. The business is one of the largest retailers of artificial plants, flowers and trees within Western Australia and also operates a sister business within the same premises selling pebbles and riverstones to both retail and wholesale clients. The sale includes an established database of physical & online repeat customers and all necessary equipment such as computer, printer and Point of Sale system. The online shop is very easily maintained and is hosted with a well known ecommerce platform and has thousands of visitors per month.
A forklift and late model commercial van with signage are also available for purchase separately by negotiation.
As well as retail customers through the busy showroom, repeat corporate clients, councils, government departments, shopfitters and interior decorators keep the momentum going year round. Weddings through out the warmer months of the year are a huge additional boost to the business.
Size of premise: approx. 470sqm
$348,000 (including Goodwill, e-commerce & website, fittings) + SAV (stock estimated at $100K to $120K). Optional - $80,000 for taking over the forklift & van 2020 VW Crafter.
For inquiry and/or viewing about this business (this business reference is R2505N), please contact Jon (from iBiZ) on 0405 922 222
History
The business was started 15 years ago by the current owners and has evolved to become a leading retail and wholesale supplier in the industry. The business has very positive reviews on Google and enjoys many referrals from happy customers.
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