Veritas Business Sales are delighted to offer for sale this well established and respected Greeting Card & Gift Shop which is located in Solihull. The business has been established since 2010 and has been in the careful hands of the current owners for the past 22 months. Reluctantly the business is now being offered for sale due to demanding family commitments. Since ownership my clients have attentively invested in re-branding, new equipment, fixtures and fittings and the website, which are all bought and paid for and included within the sale price, which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. CARDFAIR is owner operated and has an annual turnover of £80,544 and with a GP of £37,151 (46.12%). They retail a fine range of products and services to include, greeting cards, gifts, helium balloons, partyware, wrapping paper, gift bags & tissue paper and are approved suppliers of Yankee Candle & Bomb Cosmetics (Bath bombs & soaps) and East of India Gifts. Since taking over, the owners have added other profitable revenue streams including, traditional loose sweets, slushies (Mr Slush) and pocket money toys. Being situated between 2 schools this has been a very popular addition with the local community. There is other potential to increase trade by maximising the use of social media particularly Twitter & Instagram, extending the opening hours/days, introducing a customer loyalty card scheme, developing the existing WordPress website and include an e-commerce facility and expand into venue decorating/event planning to cater for the ever demanding balloon side of the business.
Monday – Friday – 8.30am – 5.30pmSaturday – 9.00am – 5.00pmSunday – Closed
Number of employees:
1 part time
Support and Training:
Can be provided
The respected retail business is Located in the affluent Borough of Solihull. Set back just off a busy main through road and positioned between Boots Pharmacy & One Stop Convenience Store.
Original term: 5 years (new lease available) Remaining : 12 months Rent: £6,600 plus vat pa Rates: zero