Hilton Smythe welcomes to the market LulaBelles Florist. The business was originally founded in 1987 with our client, a talented florist successfully running the business since 2000.
LulaBelles is a designer florist providing beautiful and extensive range of floral arrangements to the local community and is very well known in the area. The business has a fantastic reputation for the quality of produce and the personal and friendly service. Our client prides herself on using only the freshest of flowers and foliage and visits a Dutch supplier once a week and has 3 deliveries from Holland per week.
According to the 2016 accounts, the business reports a healthy turnover in the region of £63,000 with a gross profit at 46%. Revenue is derived from 50% Interflora deliveries and the other 50% from orders from the business’s own comprehensive website () and walk in sales. Funerals average 2 a week and a minimum of 1 wedding a week between April and September. Busy seasonal periods, such as valentines sees an increase in orders.
The store is very attractive and a great size, the florist also stocks an excellent range of birthday gift bags, badges, gift wrap and small birthday accessories. We believe there is the potential to further increase stock lines due to the ample retail space to generate additional income.
Early viewing of this turn key business opportunity in this prime trading location is not to be missed.
The business is located in the bustling town centre of Northwood Hill, Middlesex.
LulaBelles Florist occupies a central position on the main retail street, surrounded by a plethora of independent and high street retail outlets, eateries and town centre amenities ensuring a heavy and constant footfall.
The business sits on a busy bus route, with a bus stop within easy walking distance. Two local schools are in the immediate vicinity and the business benefits from street parking outside.
Northwood Hills sits on the edge of the Colne Valley Regional Park and is located in-between Watford to the north and Wembley and the City of London to the south. The area is easily accessible from the M1 and M40 motorways.
Mid parade premise briefly comprising: -
Colourful and eye catching signage, displays on paving to the front highly visible to passing trade.
Two large windows allow excellent display space for seasonal ideas.
Large open plan shop. Excellent cold room unit for flowers, table and chairs for wedding consultation, selection of display units, shelving and wooden dressers, brightly painted walls and floral wall paper to perimeter walls, rear service desk and till.
To the rear is a large store room and toilet.
Please note there is no access to the rear, however there are loading bays directly to the front.
Ample street parking to the front.
The businesWe are advised leasehold.
The original lease length is 7 years
As of 2017,18 months remain on the lease.
Rent is £13,000 per annum.
S currently benefits from full business rates relief.
The business opens: -
Monday to Friday 9.00am – 5.00pm with half day on Wednesday
Saturday 9.00am – 4.00pm
The business is owner run and managed with the assistance of self-employed driver working 2 hours a day. Additional self-employed staff assist for weddings.
According to the 2016 accounts, the business reports a healthy turnover in the region of £63,000 with a gross profit at 46%.