Long Established Florist In Manchester For Sale
Princess Road, Manchester M20 2LT, UK
Prominent Trading Position
Annual Turnover Year End 30th September 2022 £1,192,725
Gross Profit Year End 30th September 2022 £634,381
Accounts Available After Viewing
Members Of British Florist Association
Gold Members Of Interflora (Founding Member)
Ideal Position Opposite Large Cemetery
Strong Social Media Following
Comprehensive Website Included
Scope To Expand Outdoor Product Range
Potential For Larger Sales Floor
EPC – D
Asking Price - £599,995 Furniture / Fixtures included
Designer Flowers by Rodgers was established by our client’s family in 1911. The business was the first florist in the North of England to join the founder members of Interflora in 1923 – they are still one of the largest representatives of the international Interflora brand in the UK. Designer Flowers by Rodgers has developed on this same site from market gardeners to wholesalers to floral specialist now offering a full range of products and services including pop up shops, event design & décor and funeral/memorial items.
It has become very well known in this area and sector with a strong base of regular customers in place. This impressive customer base includes blue chip companies and corporate clients. Due to this excellent trading position close to the North’s largest cemetery, the business also benefits from a huge amount of passing trade and offers a same day service. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google. Designer Flowers by Rodgers has two comprehensive websites in place and a good social media following.
Designer Flowers by Rodgers occupies a main road trading position in a bustling area of West Didsbury. The area is well populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Premier Inn and Siemens. There are also a number of amenities nearby including hospitals, supermarkets, schools, and parks. The area is well linked by the M60 and the M56, with very strong public transport links including the Manchester Metro Link and parking is available in the immediate area.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s retirement plans, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The buildings are available on full repairing and Insure leases (FRI lease). This is the most common form of commercial lease. There has been a rent review in 2022 and the new rent payable is now £27,000 Per Annum plus vat for the shop and warehouse. Previous rent shown in previous accounts was £19,500 for both shop and warehouse. The lease is valid until 14/10/27, with an option to renew. Please note in last year’s accounts, the owner had the expenses of their Chorlton shop, such as rent, rates etc, which are no longer applicable due to the end of lease closure of their shop in July 2022. The owners also rent a small office on the first floor of the building which is used as storage for seasonal goods, which also enables them to have shared use of the kitchen. The current rent on this is £200 per month on licence.
The business operates with a total of fourteen members of staff, with a mixture of part time and full time. This includes the two current managers and shareholders.
Blacks Business Brokers ref 7892 e-mail
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