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Greeting Cards And Sweets Shop In Solihull For Sale

Solihull, West Midlands
Asking Price:
£39,950 Furniture / Fixtures included
Turnover:
£80,544
Net Profit:
Under £50K

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.

Property information

Property:

Leasehold

Lease Terms:

Original term: 5 years (new lease available) Remaining : 12 months Rent: £6,600 plus vat pa Rates: zero

Leasehold Rent:

£6,600 per annum

Location:

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. The parade is prominent, highly visible and surrounded by other complementary retailers and 2 nearby schools, which bring with it a high level of footfall and passing trade. The property benefits from, ample, free parking for customers, a surrounding area densely populated with residential properties. And easy access to Solihull Town Centre, Birmingham City Centre, Birmingham Airport and all major motorway networks.

Premises Details:

Ground Floor
Retail comprising: sales counter with cash register (Sharp), electronic weighing scales, balloon duplicator with valve attachments (Conway), ultraviolet bank note checker, dual tank slush machine, Yankee candle display cabinet, Bomb cosmetic bath bomb stand & candle/soap stand, slat wall & accessories, oak effect wooden flooring, card display shelving & racks, display cabinets, carousels, spinners & acrylics, wall mounted traditional sweet display shelves & jars.
Kitchen comprising: sink with hot water heater, storage shelving & worktop, kettle, microwave, fridge and toaster. Staircase laid to carpet with ample shelving for easily accessible additional storage.
First floor
Store room with storage racking.
W/C (newly installed close coupled toilet)
Small store room with wash basin.
Additional Features: The property benefits from front electric roller shutters, intruder alarm with panic button,
CCTV (4 internal camera system, suspended ceiling with concealed spotlights and perimeter colour-changeable LED ambient lighting, DAB Radio.

Business Operation

Reasons for selling:

Family commitments

Trading hours:

Monday – Friday – 8.30am – 5.30pm
Saturday – 9.00am – 5.00pm
Sunday – Closed

Employees:
1 part time
Years established:
8 years

Other Information

Inventory / Stock value:
£17,000
Website:
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Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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