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CONFIDENTIAL
FOR SALE
654959
CS0247... / Rightbiz
ESTABLISHED CARDS & GIFTS SHOP FOR SALE – PRIME HIGH STREET LOCATION
Long-established business with strong profit margins and significant scope for growth
Mailbox Estates is delighted to present this long-established and much-loved Cards & Gifts business, successfully operated by the current owners for over 18 years.
Situated in a prime high street location, the business benefits from excellent visibility, strong footfall and a loyal customer base. Currently operated on a part-time basis by the husband-and-wife owners, the business offers considerable potential for increased turnover and profitability through extended trading hours.
BUSINESS HIGHLIGHTS
Established Business
Successfully operated by the current owners for over 18 years, with an established reputation and loyal customer base.
Part-Time Operation
Currently run by a husband-and-wife team, each working just 16 hours per week. This provides significant scope for a new owner to increase trading hours and develop the business further.
Improved Profit Margins
Gross profit margin has recently increased to an impressive 64%, up from 55%.
Significant Growth Potential
There is considerable opportunity to increase turnover by extending trading hours, including later evenings, Sundays and bank holidays.
Diverse Product Range
The shop offers a broad selection of cards and gifts, alongside premium candles, personalised items, accessories, mugs and more.
AN EXCELLENT OWNER-OPERATOR OPPORTUNITY
This is an excellent opportunity for a full-time owner-operator or family-run business to acquire a well-established retail operation and build upon its strong foundations.
The premises could also potentially be converted to other retail formats, including:
PRIME LOCATION
The business is situated within a popular retail parade, surrounded by national brands including Morrisons, Costa Coffee, Boots, Iceland and WH Smith.
The location benefits from:
FINANCIAL OVERVIEW
PREMISES
The premises extend to approximately 1,312 sq ft / 122 sq m and comprise:
LEASE & OCCUPANCY COSTS
STAFFING
The business is currently operated by:
CURRENT TRADING HOURS
Monday to Saturday: 9:00 AM – 5:00 PM
Sunday: Closed
There is clear potential to increase revenue by introducing Sunday and holiday trading, together with extended weekday opening hours.
SALE DETAILS
NEXT STEPS
Trading information will be made available to serious prospective buyers upon signing an NDA.
A non-refundable deposit will be required to secure the sale.
Strictly no direct approach to staff or vendors. Viewings are strictly by appointment only.
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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