Established Cards & Gifts Business for Sale – Prime High Street Location
For sale is this long-established and highly regarded Cards & Gifts business, successfully owned and operated by the current vendors for over 18 years. Occupying a prominent position on a busy high street, the business benefits from excellent visibility, strong passing trade and a loyal, repeat customer base, making it an outstanding opportunity for a new owner.
This is a genuine turnkey business, ready to be taken over and operated from day one. Currently run on a part-time basis, it offers significant scope to increase turnover and profitability by extending trading hours, broadening the product range or introducing additional complementary services.
Business Highlights
Established and successfully trading for over 18 years.
Prime high street location with excellent visibility and consistent footfall.
Currently operated by a husband-and-wife team, each working only 16 hours per week, presenting considerable potential for a full-time owner to grow the business.
Gross profit margin has recently increased from 55% to an impressive 64%.
Excellent opportunity to increase revenue by extending opening hours to include evenings, Sundays and Bank Holidays.
Strong and diverse product offering including greetings cards, gifts, premium candles, personalised items, accessories, mugs and much more.
Outstanding Growth Potential
The business has been intentionally operated on a part-time basis, providing a rare opportunity for a new owner to unlock its full potential. A full-time owner-operator or family business could benefit from increased trading hours, additional marketing and an expanded product range to further enhance turnover and profitability.
The premises would also lend themselves to a variety of alternative retail uses, subject to any necessary consents, including:
Convenience store
Vape shop
Beauty salon
Or a range of other retail ventures
Location
Occupying an excellent position within a popular retail parade, the business is surrounded by well-known national retailers including Morrisons, Costa Coffee, Boots, Iceland and WH Smith, generating consistent footfall and benefiting from the surrounding commercial activity.
Financial Overview
Average weekly retail sales: £2,000 (based on current part-time trading hours)
Gross Profit Margin: 64%
Premises
The premises extend to approximately 1,312 sq ft (122 sq m) and comprise:
Ground floor retail sales area: 612 sq ft
First floor incorporating office, stockroom and kitchen facilities
Rear delivery access
Dedicated owner parking
Lease & Outgoings
Rent: £15,000 per annum
Lease: 5 years remaining (renewable)
Service Charge: £1,268.98 per quarter (including VAT)
Business Rates: Eligible for Small Business Rates Relief (currently nil)
Staffing
The business is currently operated by a husband-and-wife team on a part-time basis, supported by one part-time member of staff.
Trading Hours
Monday to Saturday: 9:00am – 5:00pm
Sunday: Closed
The current trading hours provide an excellent opportunity to increase revenue by opening on Sundays and Bank Holidays.
Sale Details
Stock to be purchased in addition at valuation.
Fixtures and fittings are included within the sale.
Legal Information
Each party is to be responsible for their own legal costs. The landlord's legal fees are to be shared equally between both parties.
Viewing & Further Information
Detailed trading information will be made available to genuinely interested purchasers upon signing a Non-Disclosure Agreement (NDA).
A non-refundable deposit will be required to secure the purchase.
Strictly no direct approach is to be made to the owners or members of staff. All enquiries and viewings must be arranged by prior appointment only.
