The establishment phase is one of the hardest things to do in any business. Getting started and implementing all the systems to prepare for inventible growth that will come if you find consumer demand.

The current owners have done all the hard work and laid the foundations for growth; they have cracked the code and proven customer demand and strong demand.

The business has a well-developed online ordering and delivery system, essentially focusing on the sales of:

•    Flowers
•    Candles
•    Wine
•    Chocolates
•    Vases
•    Dried Flowers

A unique feature of the business is its flower bar with the ability for people to build bunches to a specific size and the option to add vases or complementary wrap instead of having a one-design option like any other florist.

The business is run from Fyshwick with a low rent yet large sqm retail space:

•    The current monthly rent is $2,731.82, including GST
•    There are no outgoings
•    The retail SQM is approx. 155sqm

To generate the $483,996 in sales, excluding GST in the 2022 financial year business only invested $3,800 in marketing or lead generation.

And this sales result of nearly $10,000 a week was not a one-off confined to 2022 because in 2021, they turned over $479,468.
The minor investment in marketing compared to the sales generated demonstrates the opportunity for growth.

The owners work approximately 50 hours a week between them and generate an owner's profit of roughly $117,000 per annum for their efforts.

The business has about $160,000 in assets that are clear title, and this means wholly owned and will be transferred to the incoming owner.

Capital Commercial Business Sales has sought pre-approved bank finance for 50% of the purchase price.

Please enquire through sales@capitalcommercial.com.au, providing your full name, mobile and contact email.

Please note that the information provided within this information has come directly from information provided by the seller and their accountant.