The business has been under the current ownership since 2004 and there are two component parts. There is a retail shop selling office supplies, stationery, greetings cards and giftwrap. In addition, there are also wholesale deliveries to business customers mainly in the West Sussex area. We are advised that the current annual turnover of the business is in the region of £210,000 with a gross profit of approximately £110,000.
Both areas of the business could be improved and developed. For example, the shop could introduce additional secretarial and printing services or it might target a wider range of customers with toys, gifts & balloons. On the wholesale side, a more proactive marketing campaign could attract new commercial customers, and the introduction of online ordering could also be a great step forward for the business and would surely give a significant boost to sales.
Leasehold £37,500. Ref: M30173T
Full sales details available at www.emfgroup.com
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