Card Shops for sale in Cambridge

View the "Post Office Mains in Cambridge City Centre" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ahmed Zahir (August 2016)
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Leasehold Price: £24,500 Price Reduced Annual Turnover: £51,521 Annual Net Profit: £25,784
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Business Description
• Profitable business in desirable central Cambridge City location.
• Private retirement sale. Same hands for nineteen years.
• Post Office salary year to 31/03/2017 of £51,521
• Staff run with involvement by owner on just 2- 2½ days per week.
• Low overheads. Easy hours. Repeat custom. Experienced, competent staff.
• New 8 year lease £6,000 p.a.
• ​Opportunity for new owner to reinvent the business and convert to Post Office Mains.

Business description.

Post Office currently on traditional contract to be converted to Mains contract when new owner takes over.

Established in this location in1998 the business has been in the same ownership ever since. Retirement sale.

Back on the market due to previous buyer being unable to complete Post Office application procedure.

The Post Office currently operates easy hours 5½ days per week. Minimal retail approx. £9,000 pa at 70% POR.

Post Office salary year to 31/03/2017 of £51,521.

The Post Office branch provides customers with most of the traditional services including high proportion of profitable mails transactions, moneygram & Euro sales. There is also business banking. The benefit payments made at this office are very limited due to the nature of Cambridge's generally well-to-do population.

The business also retails greeting cards, packaging, stationery and a large, popular range of postcards. The sales area is uncluttered and equipped for the trade and has been fitted with a well used desk for customers to prepare their mail. The fixtures & fittings are in generally very good, clean condition.

The business has a very loyal client base, with much repeat trade and good reputation for service & professionalism.

There is plenty of scope to increase turnover for example by increasing opening hours and offering other lines e.g. tobacco / cigarettes, soft drinks, crisps & snacks or confectionery, etc as desired. There is not much immediate competition in these lines. A marketing campaign to promote the business and the services offered could be beneficial.

This is a first rate opportunity for an owner / manager to further develop this already profitable business. An early viewing is recommended to avoid disappointment.

On appointment the branch will convert to the new Post Office Mains model.

Comparable commission under the new Post Office Mains model has been estimated at £43,280. The incoming purchaser will be operating a new style Post Office Mains branch.

Staffing

Largely staff run at the moment - involvement by owner is normally just 2-2½ days a week.
Trading Hours:
Monday 9:00~5:30
Tuesday 9:00~5:30
Wednesday 9:00~5:30
Thursday 9:00~5:30
Friday 9:00~5:30
Saturday 9:00~1:00

Number of Employees: 1-5

Tenure: Leasehold

Support & Training:
Vendor available to offer full support & advice throughout the Post Office application process and remain available after sale during settling in period with help & advice if required.

Location Details:
Premises situated in charming courtyard adjacent the very busy regional arcade, Grafton Centre in Cambridge. CB1 1HP.

Location on Google maps:
https://www.google.co.uk/maps/@52.2075468,0.134481,19.75z

Website:

Downloadable Documents

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