Gift Card Books And Crafts Shop | | Droitwich Worcestershire | | GIFT CARD, BOOKS AND CRAFTS SHOP - WORCESTERSHIRE Turnover £313,000 PA with good gross profit returns Ideal trading location in the market town of Droitwich Spa | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 49939
ADVERT IMPRESSIONS : 11,214 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Card Shops | | SALE: | Agent Sale | LEASEHOLD: | £65,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | GIFT CARD, BOOKS AND CRAFTS SHOP - WORCESTERSHIRE
Turnover £313,000 PA with good gross profit returns
Ideal trading location in the market town of Droitwich Spa
Early interest and viewing is highly recommended
Solid local reputation with loyal customer base
Favourable trading spot in high footfall area
Ideal partner / husband and wife business
Sale price includes all fixtures and fittings
Exceptionally well presented throughout
Establishment in 1991 by current owner
Genuine retirement sale
LEASEHOLD
Location
This excellent leasehold gift, card, book and craft shop has an ideal trading location in the beautiful market town of Driotwich Spa in Worcestershire. The business is situated in the central retail arcade which houses a large array of well known high street retailers, banks and supermarkets. The business benefits massively from the neighbouring shops as it brings shoppers and visitors to the location throughout the year. Droitwich Spa is a very popular business and residential location due to its beautiful neighbouring countryside, good schools, hospitals, excellent housing and many historic attractions. Droitwich is only a short drive away from Bromsgrove, Redditch, Kidderminster and Worcester. The town is also very accessible having the M5 motorway within half a mile, making UK travelling and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this excellent greeting cards, books and crafts business which was first established by our client in 1991 and is only now being placed onto the market due to his strong desires for retirement. The business which is run and managed by our client with the assistance of staff achieves a very respectful advised annual turnover of £313,000. This is derived from selling an excellent range of books, gift cards, arts and crafts supplies, cake making products, balloons and associated goods and gifts. The shop is exceptionally well known throughout Driotwich and is referred to by many as the first place to visit for all greeting card and gift needs. Our client has worked exceptionally hard on the reputation which has resulted in a consistent high trading record throughout the year. Our client has also worked exceptionally hard on the shops presentation which has resulted in a well presented retail facility which is a pleasure to visit. The sale price also includes all fixtures and fittings which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is without question a solid reputation business which sees a consistent profit margin year on year. We would like to urge very early interest in this opportunity as businesses of this calibre rarely appear on to the market.
Financial Profile
Turnover: £313,000pa
Gross profit: 50%
Stock approximately: £50,000
Tenure
Leasehold
Original length: 10 years
Remaining: 6 years
Review: 5 years
Rent: £35,000pa
Opening Hours
Monday: 9:00am - 5:30pm
Tuesday: 9:00am - 5:30pm
Wednesday: 9:00am - 5:30pm
Thursday: 9:00am - 5:30pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 5:30pm
Sunday: Closed
Accomoodation
Well presented retail property offering prime location, briefly comprising;
GROUND FLOOR
Glass fronted shop with front product display space and secure entrance leading to open plan retail area with fitted serving/payment counter with rear displays and hangings, several free standing displays throughout, central double sided display lane with base storage and end promotional displays, wall displays with base storage, wall fixed shelving and hanging system all interchangeable, children's books display with rear wooden shelving book display plus craft and cake making displays.
Concealed door accessing first floor, rear office/staff area, office seating 2-3 tables, chairs, paperwork storage and security systems, toilet with wash basin and rear fire escape door and access to yard.
FIRST FLOOR
2 large storage rooms with shelving and racking
EXTERNAL
Rear yard area / delivery space
2 private parking spaces | | | | | | FOR SALE | | | | | REFERENCE: | 2352 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
