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#Business ID: 38501

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RB01-ABS - Superb Greetings Card, Balloons & Gift Business For Sale

Business Location: London, England

Asking Price: £ 110,000 Revenue: £ 100k to 250k Cash Flow: £ 0 to 100k

Business Summary

Superb Greetings Card, Balloons & Gift Business for Sale.
Confidentially offered for Sale

Ref Number: RB01-ABS
Asking Price: £110,000
Location: Located in a wealthy area of Southeast London.

Turnover Exceeds: £220,000 per annum.

Gross Profits: exceeds £114,000 a year.

Net Assets: £21,521

Premises: Leasehold

Established: 41 Years.

Unique Sales Propositions

- Very well established and successful business.
- Very Profitable (53.5%).
- Hugh potential to develop the helium balloons and the party side of the business.
- Great choice of cards, gifts and partyware.
- Very customer friendly

Key Selling Points:

- A great choice of Cards, Balloons & Gifts
- The business is a well-established and successful business which has traded from this prime location for more than 41 years.

Business Profile: This is an exciting, opportunity to purchase a superb greetings card, gift & balloons Business.

Located in a prosperous busy high street location. Established for 41 years, the current owner has built a large and loyal customer base, with over 90% regular clientele of various ages, as well as an unbeatable reputation, a prominent retail unit situated in a highly desirable location.

The business retails quality greeting cards with an associated range of gifts and balloons. There is scope to increase potential profit by increasing the helium balloons and partyware.

Location: The premises is situated within a busy high street location near a train station surrounded by many qualities independent name retailers. On the road outside parking is free of charge for the first 30 minutes of any parking period.

The Property: Ground floor shop, basement, and yard.

Lease term: 15 years.

Rent Review: every 5 years.

Staff: Three full time and four part time.

Opening Hours:

Monday 9.30 am to 5.30pm

Tuesday 9.30 am to 5.30pm

Wednesday 9.30 am to 5.30pm

Thursday 9.30 am to 5.30pm

Friday 9.30 am to 5.30pm

Saturday 9.30 am to 5.30pm

Sunday 11.00 am to 3.30pm

Support and training: The vendors would be happy to stay and hand-over and are happy to provide training for an agreed handover period.

Please contact us for more details.

Property Details

Other Business Details

Business Location:

Location: Located in a wealthy area of Southeast London.

Business Operation Details

Support & Training:

Support and training: The vendors would be happy to stay and hand-over and are happy to provide training for an agreed handover period.

Miscellaneous Details

Reason For Selling:

Reason for sale: Retirement Sale

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