Summary
The Big Bunch is a 35 year old business (current owner 18 years) Asking price is $290,000. This is a rare opportunity to aquire a business with a well established client base.
Revenue
$704,000 pa
Rent
$59,484 pa
Location Details
539 High St
The shop is on high st, Prahran. There is ample parking at front of store.
Potential
The purchaser can expand our corporate and wedding operations.
Skills
Floral skills would be an advantage but not essential.
Hours
7 days a week
Mon to Sat 8.30 to 5.30
Sun 8.30 to 2.00
Lease
A new lease will be drawn up for the purchaser
Employees
There is one full time and one permanent part time florist
The owner currently does buying from market and deliveries.
Reason for Sale
Owner looking to retire
About the Business
Business is 35 years old (current owner 18 years)
Asking price is $290,000 which is a walk in walk out price.
Rent $4957.00. Owner has agreed to draw up a new lease and keep the rent the same.
Last financial year turnover $704,000
Purchaser will be given access to all private clients and corporate accounts.
There is a fully functioning Ecommerce website that is running fantastically.
There is a fabulous big walk in fridge which is invaluable in keeping stock fresh.
Please feel free to make an inquiry and I can email you back with further information.
From there we can catch up at the store for an inspection and then financials can be provided.
Sorry no vendor finance is available, however I can recommend a business finance broker if required.
History
In 35 years there have only been 2 owners. Current owner has run the business for last 18 years. The Big Bunch was voted in the top 5 florists in Melbourne by Broardsheet 2024. This is a rare opportunity to acquire this fabulous business.
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