Well Established Sheffield Card Shop

Sheffield, South Yorkshire
REF: 03175

Asking Price:
£40,000
Annual Turnover:
£85,000
Annual Net Profit:
TBC
Recently Sold
REF: 03175
Photo of Well Established Sheffield Card Shop
Photo of Well Established Sheffield Card Shop
Photo of Well Established Sheffield Card Shop

Overview

Tenure:
Leasehold
Established:
1986
  • Well established, nearly three decades old
  • Low overheads
  • High profits
  • Good location
  • High seasonal peaks

This is a great offering for a single premises shop. It is well established with minimal overheads and high profit margins.

It benefits from good patronage in a high footfall main road location in Sheffield.

This ensures that profits remain good year round and that locals, commuters and one day shoppers alike all add to the businesses turnover.

As well as selling cards it also sells gifts and related products, bringing in extra income.

The business is a traditional card shop which also sells sells newspapers, magazines, gifts and toys. It enjoys a consistently high turnover and a good level of patronage throughout the year peaking during the traditional card-sending holidays. Customers trust the business and frequent it, often choosing its quality cards and friendly sales people as a preference.

There are several reasons for this: first of all the business is well established, having been founded in 1986. Its owners and employees have worked on their attitude and stock choice over this time, making the shop popular with locals and commuters alike. This has gained the shop a valuable reputation which customers respond well to. The shop is located in one of the most affluent areas of Sheffield.
Like all good card and celebration businesses, this one can boast a good profit margin, but unlike the others it has beaten the local competition, leaving an un-crowded market in the area.

Intelligent Business Transfer is delighted to be able to offer for sale a well established Sheffield based card shop with great profit margins. The business has been around since 1986 and has prospered in the three decades that it has existed. The shop supplies the local community with a high quality range of cards, gifts and other celebratory items for various different occasions.

Its good profit margins now provide the owner with a good, high income and solid prospects for the future. This is the ideal opportunity for an entrepreneur looking to take over a lucrative, well established business requiring little further development to do so.

Despite not needing any development though, this business does come with plenty of opportunity for growth. The business currently does very little advertising, relying on loyal repeat customers to patronise it. This could be changed to increase the customer base and begin to build up income further. The increased customer numbers could be catered to during longer opening hours and their varied tastes could be fulfilled more completely through sale of more and more products.

This is a straightforwardly successful business offering a buyer the option of a straightforward ownership or a relatively obstacle free route to growth and greater success.

Features

Online Presence

Website: No

Location

Property

Annual Rent
£5,400
Annual Rates
TBC
Lease Term (Years)
12
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

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