Luxurious Chocolate and Gift Retailer in West Sheffield

Sheffield, South Yorkshire
REF: R06875

Asking Price:
£29,950
Annual Turnover:
£48,785
Annual Net Profit:
TBC
Under Offer
REF: R06875

Overview

Tenure:
Leasehold
Established:
2008
  • Loyal customer fanbase
  • Established in an affluent town
  • Huge potential for growth
  • Minimal overheads
  • High turnover

The business for sale acts as a fashionable retailer of luxurious Belgian chocolates, high quality gift cards and small gifts. Located in the lovely village of Fulwood, just west of Sheffield city centre, the chocolate shop offers quality sweets and gifts for all occasions.

 

Established in 2008, the business has built up excellent relationships with suppliers which ensures a gross profit margin in excess of 50%. They have 3 key suppliers for their chocolate collection and various suppliers for the cards and gifts.

 

Their charming website reflects the warm, newly renovated shop floor which holds an exceptional standard throughout.

The shop is set in a small detached premise that lends itself perfectly to a business of this nature. As clients enter the air-conditioned chocolate shop they are first greeted by the cards section. The gift cards cover a fantastic range of independent card suppliers as well as notebooks to suit every interest.

In the centre of the shop there is a refrigerated unit that showcases all their chocolate. This is attached to the counter where staff manage customer transactions and queries.

To the right-hand side of the premises there is the gift shop area of the business which accommodates their gifts (candles, picture frames, jewellery, soft toys, china mugs and cufflinks). The owners have skilfully laid out the business in a way for each area to complement each other and encourage impulse buys from each area. Beyond the shop floor there is a small storage room and customer toilet. The premises is renovated to a high standard throughout. There is also a small car parking area.

The current vendor only operated from 10am to 5.30pm so there is the option to extend those opening hours to bring in more trade and increase turnover.

 

The ideal buyer would be an enthusiastic first-time entrepreneur excited to join a well-established luxury chocolate retailer. They could consider extending the opening hours (currently closed on a Monday and Sunday) which would effectively increase sales.

 

Another way to grow the business could be for the new buyer to venture into online sales. As well as this, they could create and utilise any relevant social media platforms. For instance, Instagram and Facebook work as free visual advertisement for the business and would rapidly increase engagement in the area. The current Facebook page is active but could be improved should the potential buyer wish to progress with digital marketing.

 

The current owner is willing to stay on for a transitional period.

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  • Fulwood, Sheffield
  • Affluent village town
  • Short distance from town centre
  • High footfall
Rent
£5,300
Rates
TBC
Lease Term
New lease to be granted
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
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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