Florist - Profits Indicate Wellington's Best! | ABC Business

Florist - Profits Indicate Wellington's Best!

$475,000 - Wellington

Industry: Retail


Business has been sold

Scent Floral Boutique is Wellington's leading florist. Located in a prime spot in the heart of Wellington City, it connects the golden mile of Lambton Quay to Featherston Street and is adjacent to the David Jones precinct. This business boasts a highly recognised flower brand in the Capital, producing splendid returns from a very compact footprint.

Revenue of over $1.5M is generated from walk-ins, online retail for flowers and gift baskets, along with the who's who of corporate clients throughout the city. The business also enjoys a very strong position in the events market, providing floral styling and theming for weddings and ceremonies. The online channel is significant and Scent's e-commerce presence accommodates demand from greater Wellington, New Zealand and internationally.

The business comes fully staffed with Senior and Intermediate Florists capable of running all parts of the business in the owner's absence.

The current lease will renew through to September 2022. Rental to revenue is remarkable at around 3%, unheard of in central city Wellington, and evidence of a perfectly 'tuned' business. Documented systems and processes complete the picture.

This opportunity arises because the current owner is relocating to tackle a new project. She leaves the business she started in the best of heart, with obvious opportunities for further growth. Scent Floral Boutique offers a vocation for the right buyer and is also perfect as an addition to an existing floristry enterprise.

This is a beautiful business.

Contact Belinda Wotton - 027 276 9029 today to find out more.

Price $475,000

Location: Wellington

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Our brokers

Belinda Wotton

027 276 9029

Belinda Wotton

027 276 9029

Contact Belinda

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