Premier Greetings Card, Gift and Balloon Retailer in Lindley, Huddersfield

Huddersfield, West Yorkshire
REF: R07405

Asking Price:
£49,250
Annual Turnover:
£119,000
Annual Net Profit:
TBC
REF: R07405
Photo of Premier Greetings Card, Gift and Balloon Retailer in Lindley, Huddersfield

Overview

Tenure:
Leasehold
Established:
2004
  • Friendly & Professional Team
  • Well Equipped Business

Now available to the market is this thriving gift and occasions store situated in Huddersfield.

Established 21 years ago, the business has been selling cards, gifts, wrapping paper, bags, bows and foil and helium balloons appropriate for all occasions. It now benefits from an excellent reputation within the local area and a loyal customer base.

The business is now up for sale due to the current owner seeking retirement and would be well-suited to an individual or couple looking for an easy-to-run lifestyle business.

**Not to discuss sale with staff**

The business is run by 4 part time staff who help customers with whatever they’re looking for. They are all capable of working in the shop alone if they new owner wants to take on a more hands-off role.

Customers can park outside the front of the shop. Upon entry, the counter and till area is to the right, with cards racks to the left and wall to wall shelving throughout the open plan shop. There are various glass cabinets for displaying items and a wooden display cabinet in the middle. Towards the rear of the premises there are steps leading to the next level, with an office and storage area, kitchen, staff toilet to the back, with a fire exit and parking out the back. The shop is currently on a 6 year lease which ends July 2020, however the landlord has confirmed a lease extension. All stock is also included in the sale.
The business has a minimalistic website which links to its Facebook and Instagram accounts which market new stock and special offers.

This is a great opportunity to acquire a very well-established card and gift shop which benefits from a repeat customer base and an impressive yearly turnover.
Ideal for a first-time buyer or one with retail management experience, a new owner could look to grow the business to enhance profit.

It would be easy to increase existing business by extending balloon offering and delivery facilities, as there is high demand from the existing customer base. Proactively seeking and securing contracts with local hotels and other businesses would create a lucrative and consistent revenue stream. A new owner could also consider extending opening hours to include Sunday trading hours, as the business is currently open Monday-Saturday, 9am-5:30pm.
The present owner would be willing to discuss staying on for a transition period in which they would provide a complete handover to the new owner.

Features

Online Presence

Location

Loading...
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£8,500
Annual Rates
TBC
Lease Term (Years)
6
Lease Expiry (Year)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup