Prime Location Florist & Café in Mascot, NSW
Summary:
An established florist and café located in the high-traffic Mascot area, this business combines floral arrangements with a cozy coffee experience. With a prime street frontage that enjoys excellent visibility, the shop draws in both regular customers and new foot traffic, making it a great opportunity for an owner-operator or investor looking for a dual-income stream. The owner has maintained a stable customer base and high margins, especially appealing to local office workers and residents. The business is easy to manage with minimal staff requirements and high gross profit margins.
Key Features:
• Prime Location: Outstanding visibility in a high-traffic area with ample natural light, attracting strong foot traffic and ensuring a steady flow of regular and new customers.
• 53 sqm internal + 18 Storage in the Basement + 3 Parking Spaces
• Stable Lease: Lease valid through to September 30, 2025, with a 5-year renewal option. Affordable rent with yearly increases of only 3.5%.
• Dual Revenue Streams: Offers both floral and café services, with coffee sales of approximately 25 kg per week and a high volume of daily flower orders.
• Low Operating Costs: Bulk purchasing of flowers once a week minimizes time and labor costs.
• Minimal Competition: Limited direct competition in the immediate area, creating a unique niche for flower and café services combined.
• Well-Designed Interior: The layout accommodates both café patrons and floral customers, providing a warm and inviting ambiance.
Potential and Advantages:
• Untapped Event Market: Excellent potential for growth by offering floral arrangements for events, weddings, and corporate functions.
• High Margin Business Model: Café coffee sales are consistently profitable, and the floristry segment enjoys margins up to 50%.
• Effortless Operations: Managed by a small team, with the café staffed by one barista and a full-time floral artist, requiring minimal owner involvement in day-to-day operations.
• Loyal Customer Base: The shop has cultivated a loyal clientele, with frequent purchases by locals and workers in the Mascot area.
• Seasonal Peak Opportunities: Location near Mascot’s business district positions the business perfectly for holiday peaks and special occasions.
Operating Hours:
Mon-Fri 7:00-18:00
Weekend 8:00-16:00
Lease Details:
• Current Lease Period: Valid until September 30, 2025, with a 5-year extension option.
• Rent: Fixed at $59,080 per year, with annual increases of 3.5%.
• Outgoings: Approximately $10,177 annually.
• Monthly Lease Payments: Approx. $6,368 including GST from the third year.
Financial Highlights:
• Weekly Sales: Consistently strong, with an average daily sale volume exceeding the rent cost within one month.
• Profit Margins: High profit margins on both floral sales (up to 50%) and café items, providing stable revenue and good ROI potential.
Reason for Sale:
Owner is seeking to divest due to other business interests and is keen to find a buyer who will continue to serve the loyal local community with enthusiasm.
For further information or to inspect the business, please email the broker for an NDA form or contact Jeffrey Lei at 0405 888 800.
Disclaimer:
The information provided here is based on details shared by the business owner and is believed to be accurate but is not guaranteed. Potential buyers are encouraged to conduct their own due diligence to verify all information provided.
