Gift Card and School Wear Shop in Werrington Staffordshire

Stoke-on-Trent, Staffordshire
REF: R07471

Asking Price:
£79,500
Annual Turnover:
£133,194
Annual Net Profit:
£34,284
REF: R07471

Overview

Tenure:
Leasehold
Established:
1992
  • Great reputation in the area
  • Central location
  • High level of business
  • Loyal customers
  • Potential for growth

Now available to the market is this niche yet popular gift card and school clothing shop in Staffordshire.

Since 1992, the business has been providing a wide selection of high quality cards, gifts and school wear to local community, building an excellent reputation in the area and a large base of loyal customers.

As the current owner is now seeking retirement, they are looking to pass this exciting, easy to manage business over to a new owner.

Often referred to as an ‘Aladdin’s cave’, the business attracts families, parents and other members of the general public due to its huge array of stock. The shop is very well-liked and its owners have developed great relationships with their clients, ensuring ample repeat business

Operations run from a well-stocked premises, with balloons, toys, games and cards, as well as a till, to the left of the shop. To the right are various gift displays and to the rear is where uniform and school bags are displayed. Further on is a stockroom, kitchen area and toilet facilities. All assets, fixtures and fittings are included in the sale, so the business is ready to continue trading immediately.

With a strong social media presence, its Facebook page does much to promote the business, with over 400 followers and some excellent testimonials.

This is an excellent opportunity to take on a very well-established shop with a niche offering and limited competition in the area, as well as loyal consumers.

Ideal for an individual or partnership looking for a manageable lifestyle business which is part of a tight-knit community, a new owner could put changes in place to grow the turnover.

Further advertising through social media and leaflet drops in community centres and homes in the area would be a great way to bring in new customers. Perhaps expanding its offering to include confectionary and other school items such as stationary would be instrumental in increasing spend per client.

The existing owner would be willing to stay on for a transitional period to assist the new proprietor initially.

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  • Surrounded by complementary shops
  • High footfall
  • Parking available
  • Near bus route
  • No similar competition nearby
Rent
£5,400
Rates
£0
Lease Term
TBC
Lease Expiry
Vendors own freehold, will charge £450 a month rent.
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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

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