Greengrocers & Florists/Plants – Catering, Wholesale and Retail
Ref.EJ073Location South East England
Asking Price £ 120,000
Turnover circa £718,595 per annum
Gross Profit circa £193,973
EBITDA for 2014 £55,000
Historic trading reputation
Seaside town retail outlet
Supply contracts
Goodwill
Business profile:
This family business has superb historic trading to its credit supplying the needs of the local community. The shop sells fruit, vegetables and flowers and has now established a revenue stream as a catering wholesaler, having used to trade 70/30 retail but is now trading 70/30 catering with wholesale supplies to hotels, restaurants, guest houses, nursing homes and cafes. The business assists their customers by working within their budgets and yet still delivering quality produce.
The catering side of the business has around sixty customers, with many being served over a number of years, payment is on account providing regular income.
The shop sells flowers and plants during the season and there are some good contacts with dutch and local suppliers, while the fruit & veg is bought from wholesalers and markets. When asked the business can supply bouquets/wreaths for weddings, funerals etc. This avenue could be exploited in much greater depth to great advantage to the owners. Additional marketing and development of a website could attract a much larger customer base. Also in time with such competitive pricing it could be possible to build a plant delivery business and reap the benefits.
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