Howell Property group is please to present the opportunity to purchase one of Launceston’s leading florists, Florage, and sister business Tasmanian Hamper Co. on a leasehold walk in, walk out basis.
Established in 2017 Florage is renowned for providing stunningly arranged, locally sourced flowers via local and statewide delivery. The hamper arm of the business has growth to such an extent in recent years that owners have also established the Tasmanian Hamper Co. brand, backed by its own dedicated website and social media.
Complementing these operations, the 79 sqm retail premises offers a wide range of gifts, homewares, Tasmanian food products, and of course flowers. Located at the Kings Meadows 5-ways the premises serves as a desirable destination retail outlet, as well as a centrally located hub for deliveries to a well-established client base throughout the Launceston General Area.
Current business owners have grown a well-recognised brand and enviable online presence in short order. Financial data supports this with the business achieving 64% & 124% year on year turnover growth over the past two financial years respectively, with annualised turnover now reaching circa $1mil.
Sale of the business represents a rare chance for any budding florist or retailer to walk in to an established, profitable, and well renowned business with all the hard work done by outgoing operators, who are transitioning to retirement.
- Growing business with exceptional year on year growth
- Meticulously styled retail premises, with fittings included in sale
- Diverse range of income streams, including Covid resistant florist and hamper deliveries
- Strong social media presence and online sales platforms
- Outstanding online reviews (Facebook 4.9/5, Google 4.9/5)
- Finalist for Launceston Chamber of Commerce 2021 Retailer Category Business Excellence Awards
Business is offered for sale at $375,000 on a walk in, walk out basis. Financial information available by request.
POTENTIAL PURCHASERS ARE TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. ALL FIGURES QUOTED ARE APPROXIMATE.
