Hilton Smythe is delighted to welcome to the market this well-established and very busy greeting card shop in Kent.
The business was established by our client in 2002 and is only now being offered to the market due to our client’s desire for a well-deserved retirement. The business currently operates 6 days per week and generates a turnover in the region of £63,500 per annum, with a gross profit of approximately 50%, as per the 2014 accounts.
Our client offers a variety of goods including greeting cards for all occasions, gifts, balloons, wrapping papers, gift bags and a small amount of jewellery, to name a few. The property boasts a large sales and display area, which is well equipped to suit the trade and decorated to a high standard.
The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could embark on a modest marketing campaign to highlight the excellent goods and services offered. We also feel the business would benefit from the launch of a website and promoting the business on social media websites, such as Facebook and Twitter.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
This greeting card shop occupies substantial ground floor premises, ideally located within a town in Kent. The business is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a very high volume of footfall and passing trade. The greeting card shop further benefits from excellent car parking facilities within the vicinity.
The area of the business is well served by the public transport system, with several bus stops being within easy walking distance of the property. The nearest railway station is just over 5 minutes’ walk away. The area is also well served by the A-road and motorway networks, with both an A-road and motorway being within easy driving distance.
Substantial ground floor premises in an ideal trading location, briefly comprising:
Lower ground floor:
Large cellar, ideal for storage.
Large sales and display area.
Serve over counter with electronic cash register.
12 x fixed wooden card display units.
Central card display units with two display baskets.
Small storage room.
We are advised Leasehold:
Original lease length: 5 years
Remaining lease length: 1 year
Review every: 5 years
Rent: £7,350 per annum
The business is open:
Monday – Friday: 9.00am – 5.15pm
Saturday: 9.00am – 5.00pm
The business is owner run and managed with 1 x staff member.
The business generates a turnover in the region of £63,500 per annum, with a gross profit of approximately 50% as per the 2014 accounts.
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