FOR SALE
$115,000 + SAV ($13,000 approx.)

Contact Agent For Address
Adelaide SA 5000

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Blooming business opportunity

At A Glance:
• Two locations
• Avg. weekly sales of $15,000
• Strong online presence
• Operating 6 days per week
• 4 casual staff employed
This well-established florist business offers a unique opportunity to acquire two stores located in the highly desirable eastern suburbs of Adelaide. One store has been operating for approximately 50 years and under the current ownership since the 1990s, whilst the second store has been serving the local community for nearly two decades.
Both stores are strategically located in busy shopping centres, attracting consistent foot traffic from affluent neighbouring suburbs, including Burnside, Norwood, Kensington and Toorak Gardens.
The stores offer a diverse range of high-quality, long-lasting cut flowers, plants, and gifts. The well-established online presence, with fully transactional click-and-collect and delivery options, adds convenience for customers, while membership with Interflora allows for interstate and overseas orders.
With no current paid marketing efforts or specific targeting of weddings, corporate events, and funerals, there is considerable potential to grow the business.
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Property Details for Contact Agent For Address, Adelaide

Building Type
Commercial

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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.

Adelaide has 17,717 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
  • Houses have a median rent of $610 while Units have a median rent of $580.
There are currently 181 properties listed for sale, and 90 properties listed for rent in Adelaide on OnTheHouse. According to CoreLogic's data, 1000 properties were sold in the past 12 months in Adelaide.

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Melanie Winter
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Raine & Horne Business Sales
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.