Limited competition and a growing demand for organic produce.
Being the only florist in town, and one of only two organic produce stores in the area, means this business easily turns over $250,000 a year, with potential to do more. The product margins are good, with a 70% mark-up on groceries and 100% on flowers.
The shop sells an extensive range of organic produce, including fruit and vegetables, bulk goods and groceries. It has also just acquired a liquor licence, to sell organic wine, beer and cider.
The current owner spends 20 hours a week on the business and employs 5 part-time employees. New owners could increase the profits – currently $35,000 to $40,000 - by running the business themselves with minimal help.
Wide range of organic products including health/beauty and home products
Attracts up to 200 customers a week, locals and visitors – average spend $30 per customer
Neighbouring development will bring more customers
Excellent leasehold premises with 9m frontage
2 weeks’ training provided
Owner no longer has time to run the business