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645032
B09361 / Rightbiz
The business operates as a classic greetings card shop, offering a broad range of cards for all occasions alongside complementary gift items. Its longevity and recognisable name have created a loyal and repeat customer base, making it a trusted destination within the local area.
This opportunity is now available due to ill health, presenting an ideal acquisition for a new owner looking for a stable, community-focused retail business. There is clear scope to build on the existing foundations by extending product lines, introducing seasonal promotions, or exploring online and social media sales.
Early viewing is highly recommended with CoGoGo.
Location
Kard Kabin occupies a visible trading position within its local high street, benefiting from consistent footfall and strong support from the surrounding residential community. The area is well-served by local amenities and complementary retailers, helping to drive regular passing trade.
Premises
The premises are well presented and laid out to maximise retail display, with attractive frontage and organised internal space for cards and gift ranges. The unit is easy to manage and maintain, making it suitable for owner-operators or small teams.
Tenure
We are advised that the business is offered on a leasehold basis. The current lease is for 10 years, with approximately 15 months remaining. Rent is £1,800 per quarter, with zero business rates, contributing to low ongoing overheads.
Hours
The current operating hours are:
Monday & Tuesday - 9:00 am to 5:00 pm
Wednesday - 9:00 am to 2:00 pm
Thursday & Friday - 9:00 am to 5:00 pm
Saturday - 9:00 am to 4:00 pm
Sunday - Closed
Staff
The business currently employs 2 members of staff, supporting the day-to-day operation and ensuring continuity for customers.
Financial Profile
We are advised that the business generates a turnover of £77,761 per annum, with a reported net profit of £13,586. Adjusted net profit is stated at £35,333, reflecting the underlying performance of the business.
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
Get Solicitor
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