Hallmark Cards Thorntons Chocolates & Giftware In South Birmingham For Sale

Business description

Hallmark Cards - Birmingham

High Class Greetings Cards. Thorntons Chocolates and Giftware

Annual Sales Around £140.000

High Gross Profits

Includes Living Accommodation

Leasehold Price £75.000

Description and Trade:
A successfully operated high class business in a good trading position on a busy main road with lots of passing trade. Offered for sale is a wide selection of greetings cards and giftware lines producing high profit returns. together with the very well-known brand of Thorntons chocolates.

Premises:
The Premises comprise: superbly presented and air-conditioned Sales Area (around 760 sq. ft.) with carpet floor and suspended ceiling; Stock Room/Kitchen; w.c:. and upper floor Kitchen; Office/Stock Room; w.c.

The shop is very well fitted for the trade with numerous display fittings. carousel giftware cabinets and glass display cabinets. serving counter and cash register.

The Premises are protected with CCTV system and a burglar alarm system.

Accommodation:
The self-contained flat has one bedroom and is sub-let. providing rental income of £400 per month.

Comments:
An opportunity to acquire a superbly presented business with high sales and profits.Recommended For Viewing.

Our Client Informs Us That:
Takings and Profitability:
Annual takings are around £140.000.

Gross profits are estimated to be 65% for cards and gifts. and 35% Thorntons chocolates.

Additional Rental Income of £4.800 per annum is earned from tenants in the self-contained flat.

Trading Hours:
Monday to Saturday: 9.00am 6.00pm

Sunday: Closed

Staff:
The business is operated by family members with the help of part-time and casual Saturday staff.

Tenure:
Leasehold. The Premises are held on a 15-year lease from 2005. Present rent payable is £16.000 per annum with 5-yearly review dates.

Price:
£75.000 plus stock at valuation for the lease. business. fixtures and fittings.

Property information

Property:

Leasehold

Living accommodation:

Accommodation Included.