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Well Established Card Shop In Aldridge For Sale

Aldridge, West Midlands, UK
Asking Price:
£14,950 Furniture / Fixtures included
Turnover:
£89,000
Net Profit:
Under £50K

This is a very well-established concern which enjoys all the considerable commercial advantages of a highly visible and much sought-after trading position among other complementary outlets on a main road/high street location in this much sought after market town.

Operating from substantial, secure, and extremely well fitted one storey parade premises with close parking, the business currently primarily conducts a popular retail operation of an extensive selection of high-quality brand greeting cards for all occasions displayed to their very best advantage in a bright, spacious, and well-appointed showroom area.

The business also stocks an excellent choice of associated gift items, gift bags, wrapping paper, Party& Printed Stationary and would naturally furnish any enthusiastic purchaser with ample scope for continued growth, not least regarding further expansion of the retail products and services currently provided and to operate considerably extended hours to fully exploit year-round local retail demand.

The business would also benefit by adopting a more vigorous marketing policy of its excellent existing products, particularly with reference to the possible introduction of online advertising (for hand bags, scarves and jewellery especially) , in order to improve upon the already very respectable levels of turnover and profitability it is achieving in the hands of the current proprietor, we would strongly recommend the earliest possible viewing to avoid disappointment.

Financial Information

Current average weekly takings in the region of £89000 pa with reasonable profit and scope to increase.

The premises are being offered with the benefit of a lease, with 3 years remaining.

The current rent stands at £14990 per year

We are advised that the Business Rates payable currently stand at £600 pa.

Trading Hours 6 days Monday 9am -5 pm Sunday Closed

A prime trading position in the Town Centre
Consistently levels of turnover and profitability
Long established reputation and regular customer base
High volume of year-round passing trade
Lots of further potential – online selling of bags, scarves, and jewellery
New secure lease
Priced for genuine sale
Early viewing essential.

Property Information

Property:

Leasehold

Lease Terms:

3 years remain on current lease , longer lease available

Leasehold Rent:

£14,990 per annum

Location:

Aldridge Town Centre

Premises Details:

Large one storey unit

Business Operation

Trading hours:

6 days 9-5pm

Other Information

Inventory / Stock value:
£15,000