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Retail Florist In Umhlanga For Sale

Umhlanga, KwaZulu - Natal
Asking Price:
Sales Revenue:
R1.5M - R3M
Cash Flow:
Available on request

This well supported, profitable florist business was established in 2013 and is ideally situated in a popular large shopping center with ample parking.

A loyal customer base has been established and the business supplies both fresh and artificial flowers as well as “décor items” from the shop and it also supplies and delivers to neighbouring homes and businesses.

Although the owner is actively involved, there is a manageress who runs the business on a day to day basis and she is well supported by two florists and a driver. There are also two temporary staff who assist on weekends.

The owner is selling to focus on other business interests so this creates a perfect opportunity for a serious buyer to purchase a well-established profitable business in a prime location. It is not considered necessary for a buyer to have florist skills.

The business is operated from leased premises. There is an excellent relationship with the landlord, the 3-year lease expires in October 2021.

The business has an annual net profit (EBPIDT) of approximately R413,720 and offers a return on investment of 33%.

The asking price is R1,260,000 excluding vat and stock.

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