Hilton Smythe is delighted to introduce to the market a card and gift store. The card and gift store is very popular and was originally established in 1995 by our clients. Who are now looking to sell the store due to health problems.
The business is profitable generating an advised turnover of around £172,100 per annum, with a gross profit of approximately 48%, according to the 2015 accounts. The revenue is generated from the sales of greetings cards, gifts and balloons.
The store sells a fantastic range of products however, we believe this could be increased and therefore boost potential sales. The store is large and with a new layout more shelving could be fitted.
The card shop is currently open 6 days a week, by opening on Sundays the business can increase sales, boosting turnover.
This is a brilliant turnkey business, perfect as a bolt-on or start up business, the store comes fully fitted with a great reputation. The store is guaranteed footfall in this town centre location.
Hilton Smythe highly advise early viewing to avoid missing out on this walk in trading opportunity.
This card shop is located within Greater Manchester.
The business is situated in a shopping centre. This is a very popular shopping area with a fantastic choice of shops. In the shopping centre are large stores such as Argos, Boots, Pets Own, Bagz, New Look, Time 4 Bed, Wilko, Peacocks and many more. This is a great location for a card and gift store as there is always a heavy amount of footfall.
This is a great location with many good road links. There are plenty bus stops in the town centre which head through to surrounding towns.
The area is guaranteed high footfall due to its prime location.
Through in to the entrance is the main trading area. There is perimeter shelving and central card racks. To the back are independent shelving and racks displaying products on offer.
To the rear of the premise is a small stock area and an office.
The premise has a first floor on which there is a further large stock room and smaller stock room. The kitchen, toilet and staff area in also on this floor
On the second floor is another reasonably sized stock room.
Equipment included in the sale is as follows-
Fixtures and Fittings
The store is well secured and is fitted with CCTV, and an alarm monitored by Redcare. The windows and doors have metal shutters, the rear door is steel plated.
We believe the store could be expanded by using all of the ground floor as the main store.
We are advised the business is leasehold
Original lease length 15 years
Current lease length 6 years
Review period 5 years
Rent £30,000 per annum
The business opens:-
Monday-Friday: 9am – 5:30pm
Saturday: 9am – 5pm
The business is run and managed by the owner with the help of 5 part time and 1 full time members of staff.
The business generates an advised turnover of around £172,100 per annum, with a gross profit of approximately 48%, according to the 2015 accounts.
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