SOLD / WITHDRAWN
09/12/23
603715
CARD, GIFT & BALLOONS BUSINESS FOR SALE. “JUST 4 YOU YAXLEY”
JUST 4 YOU YAXLEY. This fantastically presented independent greeting card, gift and balloons business, which is long established over 30 years. Highly rated within the local community.
The business retails very large choice of quality greeting cards, range of gifts and balloons. The store also offers Yankee candles, All Creation soft toys, keyrings, mugs, exclusive gifts & ornaments, jewelleries, seasonal decorations, photo frames, gift bags & wraps and stationeries.
The turnover averages between £60,000 to £70,000 and very high gross profit in the region of £40,000 to £50,000 (Net profit £25,000 to £30,000 for working owner) trading to the usual high gross profit margins associated with the trade. However, the turnover is higher around the events that you would expect such as Valentine's Day, Mothers' Day, Father’s Day and Christmas.
There is a massive scope to increase on the current turnover by extending the trading days, times and more stocks which our client couldn’t do as he has another business to run. Also, it can be opened on Sunday and start selling online. The premises is positioned in a fantastic shopping centre with mixed-use area which has a densely populated surrounding residential community. Zero business rates payable. Viewing recommended. Make profit from day one.
The business has an excellent reputation in their local community for the quality of the products and the service provided over the 30years.
KEY POINTS
Very busy shopping centre (No empty units available in the centre). All units are occupied.
Established for over 30 years! Excellent Reputation in their industry
Excellent relationships with key suppliers.
All stocks are delivered to the doorsteps.
Premises Renovated to a high standard throughout, in 2021.
Electronic till and note checker. New 3-meter-long Service counter.
2 x small Storerooms, kitchen & toilet. Rear free parking for staff & customers.
Full choice of 12 x greeting card display units. Yankee candle unit Brand new IKEA white shelving. Glass display unit.
Swarovski Crystal display unit. Electric roller shutter. Fast broadband/ Wi-Fi installed.
Loyal Customer base. Vast amount of repeat customers.
Minimal Overheads – Competitive rent. Nil business rates. Low Utilities. No Competition
Part of the Cardgains buying group (more discount of up to 15% from suppliers) - access to many ranges of product at preferential terms.
New 10 or 15 year lease will be offered. First year rest discount available.
Currently run to suit (9am to 5pm: Mon – Sat). Opportunity to increase current opening hours.
New LED lighting installed in 2021 for more brightness and to reduce electricity costs.
There will be a full business handover offered to allow the smooth transition to any new owner.
Ideally manageable business by a single person (female/male) or semi-retired people.
Very rarely do much loved lifestyle changing businesses of this type, location or price come on to the open market and we therefore highly recommend early enquiry to avoid disappointment.
Asking price £35,000.00. (INCLUDING STOCK WORTH £25,000). Negotiable
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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