For Sale

Established Card and Gift Shop

Coventry, West Midlands

£49,999

Ref: 14856 A

Contact sales negotiator

Katie Holt

01204556308

Email Katie Holt

Share this property
Share

Description

PRICE INCLUDES SAV



Hilton Smythe welcomes to the market Cards ‘n’ Things.



Cards ‘n’ Things was established nearly 35 years ago, and the current owner has run it successfully and lucratively for the last seven years or so. The business is now being sold albeit very reluctantly and with a heavy heart only so that the owner can enjoy a well-earned retirement.



Cards ‘n’ Things is a great little business that in addition to a massive range of greeting cards also sells;

Small gifts

Balloons

Wrapping paper

Banners (made to order)

Invitations

Jewellery

Cushions

Candles

Kids toys

Tissue papers

Calendars and diaries



The business has many regular customers and enjoys great visibility on the internet via sites such as www.yell.com, yelp.co.uk , www.192.com www.118118.com etc.



Scope to Improve

Advertising and marketing campaign

Maximise the use of social media particularly Facebook and Twitter

Website to extol services offered perhaps with an e commerce facility.

Extend the opening hours

Introduce a customer loyalty card/ Scheme.



Hilton Smythe highly advise early to avoid disappointment.

Tenure

Leasehold

We are advised that the business is being sold as a leasehold business opportunity, the current lease is arranged on a monthly rolling basis and the rent is a very reasonable £11,000 per annum. We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.



At the time of instruction there were no business rates payable.

Hours

Monday to Saturday 9-5

Sundays closed

Staff

The business is run and managed by our client with the help of a part time member of staff.

Financial Profile

Cards’ n’ Things generates an advised current turnover of circa £116,000 per annum and continues to grow at an impressive pace.

Location

Cards ‘n’ Things is Located in Earlsdon, Coventry in the West Midlands.



Earlsdon is a suburb and electoral ward of Coventry



Coventry is a city and Metropolitan borough in the West Midlands, historically part of Warwickshire Coventry is the 9th largest city in England and the 12th largest in the United Kingdom. It is the second largest city in the West Midlands region after Birmingham with a population of 345,385 in 2015.



Coventry is 19 miles east-southwest of Birmingham, 24 miles southwest of Leicester, 11 miles north of Warwick and 95 miles northwest of central London.



Cards ‘n’ Things is ideally situated in the main shopping area of Earlsdon alongside other complimentary retail businesses. Earlsdon Shopping Centre is an unusually busy and vibrant shopping area where many of the shops are independents and the area has a generally upmarket feel. The business fronts a busy main road and thus benefits from high levels of footfall and passing trade. The business is nicely presented and maintained with clear visible signage and there is free on street parking opposite and there is an inexpensive public car park within easy walking distance.

Premises

Cards ‘n ‘Things occupies the ground floor or a terraced shop unit and is presented and maintained to a high standard and briefly comprises;



Shop

Window and glazed door to front creating a light, airy and inviting interior, high ceilings with fluorescent lighting, carpeted floor, generously proportioned and packed to the rafters with stock, perimeter shelving and card racking, central pyramid style card racking, window display area with two feature chandelier, security mirror, coving to ceiling, freestanding and revolving card carousel, wrapping paper dispenser, counter with shelving to front, till, Card Machine and wrapping area



Under stairs Stockroom

Useful walk in store Room with perimeter shelving and floor storage space.

Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes […]

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are […]

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions […]

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in […]