Rare opportunity for someone to purchase the Norwich Card Connection territory.
This area centre's around the vibrant Norwich City and encompasses a variety of beautiful towns and villages.
To the north in Norfolk, you have Holt and Hunstanton, while Aylsham, Dereham, and Wymondham lie in mid-Norfolk. Further south, there are towns like Southwold, Halesworth, Beccles, and Bungay.
Additionally, the stunning coastal towns of Sheringham, Wells, Cromer, Great Yarmouth, and Lowestoft are all part of this territory.
Norwich is already a well-organised and well managed territory. It offers the right individual a solid base upon which to develop it further.
Card Connection have been operating for 33 years and this franchisee has been with them for 32 years, and is now selling due to retirement.
The current franchisee has built strong relationships with his outlets, providing excellent customer service which has helped increase sales during his ownership.
He will ensure that you are given a thorough handover and introduction to the area's customers. As well as full training given by Card Connection.
Financial Highlights:
• Annual Sales: £193,097
• Gross Profit: £85,170
• Number of Outlets Trading: 231
Investment Required:
• Goodwill (note 2): £55,360.50
• Goodwill % 65%
• Stock & Display Equipment (note 3): *£83,211.69
• Other (inc CC training, area licence fee, stationery) (note 5): £6,540
Total: £145,112.19
*Please be aware the stock valuation is under review periodically
